Supply is positive to support or curb the decline in polyethylene spots

Spot market: The domestic PE market was weak and consolidated
during the day.
In terms of petrochemicals, the petrochemical linear part in East China decreased by 100-150 yuan / ton; In North China, the petrochemical high-pressure part of petrochemical decreased by 100-200 yuan / ton, the linear part decreased by 50-150 yuan / ton, the low-pressure small hollow/cable material increased by 100 yuan / ton, the low-pressure pipe part decreased by 100 yuan / ton, and the medium oil linear part implemented the batch policy; The general reduction of medium oil and low pressure pipes in Northeast China was 150 yuan / ton, and the individual batches of linear type; The petrochemical linear part in South China decreased by 50-100 yuan / ton, the low-pressure hollow of China Oil decreased by 100 yuan / ton, and the high-melt injection molding increased by 200 yuan / ton; In central China, the petrochemical high-pressure part was reduced by 100-200 yuan / ton, and the low-pressure pipe was reduced by 100 yuan / ton; In the northwest region, medium oil and low pressure rose by 100 yuan / ton; The rest are stable
for the time being.

The petrochemical factory part is narrow, the futures pullback suppresses buyers' enthusiasm for purchasing, the downstream profit transmission is slow, and the demand follow-up is weak
.
Up to now, the quotation of LLDPE in North China is 8520-8900 yuan / ton, the quotation of LLDPE in East China is 8500-9100 yuan / ton, and the quotation of LLDPE in South China is 8750-9100 yuan / ton
.
Downstream demand is weak, and the two oil destocking is slow, especially the futures pullback suppresses the enthusiasm of terminal procurement, but the domestic PE maintenance equipment is more concentrated, and the supply is supported by favorable support, or inhibits the decline in spot
.