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The recent volatility of Liansu futures has brought limited
benefits to the spot market.
On December 28, polyethylene futures 2205 opened at 8382, the highest price was 8515, the lowest price was 8350, the closing price was 8505, the previous settlement price was 8513, the settlement price was 8425, down 8, or 0.
09%, the trading volume was 442229, the position was 248412, and the daily increase was 445
.
(Quotation: yuan/ton)
In the first half of December, the polyethylene spot market fell significantly, and the second half of the month was weak and consolidated
.
Although the three major varieties are mainly down, but the overall fluctuation range is limited, among which LLDPE and LDPE show a trend of falling first and then consolidating, and HDPE shows a trend of falling first and then holding steady, and the trend is not divergent
.
In the first half of the month, the ex-factory prices of petrochemical enterprises were adjusted downwards in a concentrated manner, with a significant
range.
Downstream factories just need to purchase, the overall transaction atmosphere of the market is not good, the merchant mentality is weak, the quotation follows the market, and the shipment is the mainstay
.
In the second half of the month, the decline in petrochemical factory prices slowed down, and the rise of international crude oil and the rise of the Liansu futures market brought some support to the spot market, and the polyethylene spot market entered a consolidation stage with little fluctuation
.
On the whole, there is no obvious change in the current market supply, the demand side is relatively limited, the downstream enthusiasm for entering the market is not high, the market trading atmosphere is not good, the business mentality is general, and the profit shipment is the mainstay, but near the end of the month, petrochemical enterprises are relatively strong, and the international crude oil rises, the cost support is acceptable, and it is expected that the PE spot market price in January may weaken slightly
.
