PE spot market price down

According to the data monitoring of business news agency, the average ex factory price of LLDPE (7042) in East China was 8166.67 yuan / ton on December 21 and 8133.33 yuan / ton on December 25, with a drop of 0.41% in the week and 2.01% compared with December 1 at the beginning of the month.

 

PVA

According to the data monitoring of the business association, the average ex factory price of LDPE (2426h) in East China was 11537.50 yuan / ton on December 21, and 11387.50 yuan / ton on December 25, down 1.30% in the week and 7.98% compared with December 1 at the beginning of the month.

 

According to the data monitoring of the business association, the average ex factory price of HDPE (5000S) in East China was 8366.67 yuan / ton on December 21, and 8266.67 yuan / ton on December 25, down 1.20% in the week and 4.98% compared with December 1 at the beginning of the month.

 

This week, the overall trend of PE spot market was weak, mainly falling, and the three kinds of spot all fell to varying degrees. According to the data monitoring of the business association, the price of 2426h in East China of LDPE fell most obviously, with a drop of about 200 yuan / ton. The price of HDPE 5000S in East China fell by about 100 yuan / ton. The change of linear varieties was the smallest, and the horizontal finishing was the main.

 

Negative factors dominated the week, the market trend is weak. First, the international crude oil, crude oil fell within the week, the news negative market mentality. The second is the futures market, which fell in a week, dragging down the trading atmosphere of the spot market. On the demand side, the downstream factories are mostly affected by the environmental protection power and production restriction, and their acceptance ability is not strong. They mainly make up for the demand, and their enthusiasm for entering the market is relatively general, and the market transaction atmosphere is slightly light. Petrochemical enterprises slightly reduce the ex factory price, the market supply cost support is weak, the business mentality is pessimistic, the shipment is blocked, and the price is weak as a whole.

 

On December 25, the opening price of polyethylene futures 2105 was 7885, the highest price was 7905, the lowest price was 7660, the closing price was 7665, the former settlement price was 7850, the settlement price was 7790, down 185, down 2.36%, the trading volume was 394332, the position was 224014, and the daily increase was 5608. (quotation unit: yuan / ton)

 

As the downstream plants are greatly affected by environmental protection, the operating rate has decreased significantly, and the demand has decreased significantly. However, in terms of supply, the current market supply is relatively sufficient. The trend of futures market is weak and the cost support is insufficient, which leads to the weakness of PE spot market and the current market decline is small. Polyethylene market is still expected to fall in the short term.

http://www.pva-china.net

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