【PE Early Morning Tip】Supply and demand contradictions are temporarily not prominent, and the polyethylene market is trading sideways.
One, Focus Areas
1 Cost side: The U.S. has indicated that it does not rule out the option of military action against Iran, and market concerns over potential supply risks have intensified, leading to a rise in international oil prices. NYMEXCrude oil futuresMay contract rose by $2.12 to $71.48 per barrel, up 3.06% month-on-month; ICE Brent crude futures May contract rose by $1.11 to $74.74 per barrel, up 1.51% month-on-month. 。
2 Current parking device: Currently, the parking devices involve 20 polyethylene units, with no additional units under maintenance.
3 Yesterday's market review: The previous day domesticallyPolyethylene MarketNarrow-range adjustment, with a range of 2-9 yuan/ton. Affected by macroeconomic news, market sentiment is bearish, and traders continue to offer slight discounts for shipments, with a weak atmosphere.
Core Logic: The polyethylene spot market is fluctuating.
Price List
category |
2025/3/31 |
Price fluctuation rate |
||
Lowest Price |
Highest price |
Mainstream price |
||
Low pressure film material |
7971 |
8357 |
8147 |
0 |
Low-pressure low-melting injection molding plastic |
7435 |
8055 |
8061 |
-4 |
Low-voltage wire drawing material |
8064 |
8520 |
8062 |
-7 |
Low-pressure small hollow material |
7614 |
7992 |
7839 |
+2 |
High-pressure film material |
9491 |
10029 |
9192 |
-9 |
Linear melt index 2 film material |
7833 |
8319 |
8370 |
-8 |
Data source:Longzhong Information
III. Market Outlook
Crude oil prices have risen, enhancing cost support; downstream pre-holiday replenishment due to just-in-time demand has created expectations for market recovery. In the short term, supply and demand conflicts are not prominent, and the polyethylene market is operating with fluctuations.
Four, Data Calendar
Data project |
Release date |
Last period's data |
This week's expectations |
PE Total inventory of production enterprises (10,000 tons) |
Wednesday 17:00 PM |
50.47 |
↘ |
PE Social Sample Repository Inventory |
Tuesday 5:00 PM |
-2.99 |
↘ |
PE Weekly Production (10,000 tons) |
Thursday 5:00 PM |
61.64 |
↗ |
PE Maintenance Impact (10,000 tons) |
Thursday 17:00PM |
10.51 |
↘ |
PE Weekly capacity utilization rate |
Thursday 5:00 PM |
82.32% |
↗ |
PE Downstream industry capacity utilization rate |
Thursday 17:00PM |
+2.29% |
↗ |
PE Mindset Survey |
Thursday 12:00 AM |
-3.96% |
↗ |
Note: 1. ↓↑ indicates significant fluctuations, highlighting data dimensions with increases or decreases exceeding 3%. 2. ↗↘ indicates narrow fluctuations, highlighting data with increases or decreases within 0-3%. |
Data source: Longzhong Information
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