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[Recycled PE Morning Update] The short-term recycled PE market is expected to continue stable price operation, with actual transactions mainly based on negotiations.

Longzhong 2025-04-02 09:24:15

I. Focus Points

1. On April 1: Market attention has shifted from the sanctions imposed by oil-producing countries to the U.S. tariff policy, raising concerns that demand prospects may be dragged down, leading to a decline in international oil prices. NYMEXCrude Oil FuturesThe May contract fell by $0.28 to $71.20 per barrel, down 0.39% month-on-month; ICE Brent futures rolled over to the June contract, dropping $0.28 to $74.49 per barrel, down 0.37% month-on-month. China's INE crude oil futures main contract 2505 rose by 11.6 to 549 yuan per barrel, and gained 4.3 to 553.3 yuan per barrel in the night session.

2, Domestic previous dayPolyethylene MarketMost prices fell, with a range of 2-15/ton. The market has ample spot supply, downstream resistance to high prices, and traders continue to offer slight concessions to move goods, creating a cautious atmosphere.

3、Last week ( 20250321-0327 ), the overall operating rate of agricultural film increased by 0.35% compared to the previous period; the operating rate of PE pipe materials increased by 2.83% compared to the previous period.

II. Price List

Unit: Yuan per ton

Type	Product	Area	April 1st	March 31st	Rise and Fall Rate
Low pressure	Wahaha White Primary Granulation	Baoding Market	5500	5500	0
Low pressure	Soy sauce bottle white transparent particles	Baoding market	6500	6500	0
	Dark green fishnet primary particles	Jiangsu Market	6300	6300	0
High pressure	High-pressure white transparent first-grade granules	Shandong market	6400	6400	0
High pressure	EVA granulation	Ju County Market	6200	6200	0
High pressure	High-pressure white transparent primary particles	Foshan Market	6400	6400	0
Note:
1. The above RMB prices are all ex-factory cash prices.
2. The prices for the two periods are the spot prices of the two working weeks prior to this week, not the weekly average prices.
The translation result is: 3. The涨跌率is the rate of change compared to the previous period. Note: "涨跌率" can be literally translated as "fluctuation rate," but in financial contexts, it often refers to the percentage change or rate of change compared to the previous period (such as the previous day, week, month, etc.). However, for a more natural English phrasing, it would typically be rendered as: 3. The fluctuation rate is the环比变化率(change rate compared to the previous period). This preserves the intended meaning while making it clear in English.

ReplayPE marketThe trading pace is slow with stable prices. Currently, the operating rate of manufacturers is not high, but the spot supply is still manageable compared to demand. The supply of raw materials is limited, and prices remain high, which leads manufacturers to be reluctant to sell at low prices. Downstream processing plants have few orders, and demand is being released slowly with cautious inquiries. In summary, the regenerative PE market is expected to continue its stable price trend in the short term, with actual transactions mainly involving negotiated deals.

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[Recycled PE Morning Update] The short-term recycled PE market is expected to continue stable price operation, with actual transactions mainly based on negotiations.

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