The spot market is mixed, and polyethylene prices are falling again

At the beginning of the month, petrochemical enterprises had obvious intention to raise prices, and although the ex-factory price fell, the magnitude was not large
.
The price of Liansu futures rose significantly on the 6th, which gave a certain boost
to the spot market.
In addition, international crude oil has risen recently, the range is obvious, and the cost side has brought some support
.
However, the market bearish factors are still there, downstream factories just need to purchase, and the overall transaction atmosphere of the market has not improved
significantly.
The merchant mentality is general, the quotation follows the market, and the real price focuses on a single talk
.

Recently, Liansu futures have been mainly volatile, bringing periodic benefits to the spot market
.
On December 8, polyethylene futures 2201 opened at 8579, the highest price was 8632, the lowest price was 8464, the closing price was 8477, the previous settlement price was 8585, and the settlement price was 8532, down 108, or 1.
26%.

(Quotation: yuan/ton)

Although the international crude oil rise and petrochemical inventories are low, the price mentality is obvious, but the terminal demand is limited, downstream factories maintain on-demand procurement, wait-and-see sentiment is stronger, the overall trading atmosphere of the market has not improved significantly, bringing bearishness to the market, the merchant mentality is general, quotations are more accompanying the market, it is expected that the PE spot market may continue to weaken in the short term, and the price is adjusted
in a narrow range.