This week, the atmosphere of the domestic general material market is quiet, and the market is mainly consolidating. Crude oil and monomer fluctuate, Sinopec, PetroChina and other private enterprises are adjusted according to the inventory situation, the market trend is not clear for most of the time, and it is still mainly to seek bottom support. In terms of downstream, factories purchase on demand, and it is extremely difficult to improve the actual transaction, and traders are cautious, and most of them are flexible and adjustable. It is expected that the market may continue to consolidate in the short term.
This week, the domestic PE market fell in a narrow range. With the digestion of good news, the market operation returns to the fundamentals of supply and demand. The downstream factories have limited enthusiasm for entering the market for procurement, the receiving of goods is not good, and the situation of lack of actual transactions is difficult to change. However, fortunately, the upstream cost has not been completely lost, and most petrochemical companies can still hold the ex-factory price, which inhibits the market to a certain extent. Although traders are confused about the market outlook, in the absence of substantial hot spot guidance, the intention to ship at low prices is not high. It is expected that the polyethylene market in the short term will be weak and narrow. Mainstream prices on weekends: LDPE: 10,600-10,700 yuan in East China, down 100 yuan, 10,650-10,950 yuan in South China, down 50-100 yuan, 10,600-10,750 yuan in North China, down 50 yuan in high-end; LLDPE: 8500-8600 yuan in East China, down 30-50 yuan, 8650-8900 yuan in South China, down 50-100 yuan, 8430-8580 yuan in North China, down 20-50 yuan; HDPE injection molding: 8100-8250 yuan in East China, down 50 yuan, 8200-8500 yuan in South China, 8150-8400 yuan in North China, down 50-100 yuan; HDPE drawing: 8060-8620 yuan in East China, down 40-80 yuan, 8300-9200 yuan in South China, down 200 yuan at the low end, 8150-8700 yuan in North China, down 50 yuan; HDPE film: 8200-8550 yuan in East China, down 50 yuan, 8200-8500 yuan in South China, down 100 yuan at the low end, 8200-8700 yuan in North China, down 200 yuan at the low end, HDPE hollow: 8250-8450 yuan in East China, down 50 yuan at the high-end, 8200-8400 yuan in South China, down 50 yuan at the high-end, 8150-8500 yuan in North China, down 100-150 yuan.
