[PE Morning Briefing] Supply-Demand Marginal Improvement Limited, Prices Fluctuate

1. Points of Attention

1 Cost side: The United States has imposed new sanctions on Russian oil companies, increasing market concerns about potential supply risks, leading to a rise in international oil prices. The NYMEX crude oil futures for the December contract rose by $3.29 per barrel to $61.79, a 5.62% increase from the previous day; the ICE Brent crude futures for the December contract rose by $3.40 per barrel to $65.99, a 5.43% increase from the previous day. 。

2 Current parking device: Currently, the parking facilities involve 27 sets of polyethylene units, and there are no new units under maintenance.

3 Yesterday's Market Review: The previous day's domestic polyethylene market prices mostly rose, with an increase of 2-18 yuan/ton. Cost support has strengthened, and many traders are selling at higher prices, with good transactions at lower market prices.

Core Logic: Limited marginal improvement in supply and demand, prices fluctuate.

II. Price List

3. Market Outlook

Production has increased, and spot supply is abundant; downstream demand is mostly for replenishment as needed, with a cautious mindset. Marginal improvement in supply and demand is limited, and prices fluctuate.

4. Data Calendar