After the festival, the polyethylene market was sorted out in a narrow range, and the price rose and fell

According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 9000.00 yuan / ton on May 1 and 9010.00 yuan / ton on May 9, with an increase of 0.11% and 2.04% compared with March 1.

 

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According to the monitoring data of business agency, the average ex factory price of LDPE (2426h) in East China was 11750.00 yuan / ton on May 1 and 11816.67 yuan / ton on May 9, with an increase of 0.57% and 1.72% compared with March 1.

 

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 9866.67 yuan / ton on May 1 and 9850.00 yuan / ton on May 9, with a decline of 0.17% and an increase of 7.26% compared with March 1.

 

Most of the new prices of polyethylene in petrochemical enterprises at the beginning of the month were weak, mainly downward. After the May Day holiday, the overall fluctuation range of the domestic polyethylene spot market is small, and the three major varieties in East China are up and down. Among them, the market prices of LLDPE and LDPE are up, and the market prices of HDPE are down. During the holidays, the strengthening of international crude oil prices has brought some positive support to the market. The ex factory prices of some enterprises have tentatively increased, but the range is limited. At present, there are insufficient favorable factors in the market. Recently, some temporary parking enterprises have installed and started up, and the market supply has recovered. In terms of demand, the plastic film has entered the off-season, and the demand is expected to decrease in the later stage.

 

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Recently, Liansu futures market mainly fell, which brought limited support to the spot market. On May 9, the opening price of polyethylene futures 2209 was 8825, the highest price was 8835, the lowest price was 8680, the closing price was 8704, the previous settlement price was 8906, the settlement price was 8748, down 202, the trading volume was 389943, the position was 274284, and the daily position was increased by 6126. (quotation unit: yuan / ton)

 

Although the news of the rise of international crude oil is good for the market mentality, there are obvious negative factors in the market. Recently, the market supply has increased, and the terminal demand is general. The market trading atmosphere is limited. The futures market is down, and some ex factory prices of petrochemical enterprises begin to decline. The negative market mentality is expected that the polyethylene spot market may still be down in the short term.

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