1. Focus Points

On March 28, concerns in the market about the increase of US tariffs enhancing trade risks may lead to a global economic recession, causing international oil prices to fall. NYMEXCrude Oil FuturesThe 05 contract dropped by $0.56/barrel to $69.36, a decrease of 0.80%; the ICE Brent crude oil futures 05 contract fell by $0.40/barrel to $73.63, a decrease of 0.54%. The main contract for China's INE crude oil futures (2505) dropped by 1.7 to 541.7 yuan/barrel, and in the night session, it fell by 3.7 to 538 yuan/barrel.

2、 The domestic polyethylene spot market prices fell yesterday, with a decrease ranging from 3 to 19 yuan/ton. Last week, market demand was limited, and end-users showed significant resistance to high-priced resources, which restrained further price increases. Meanwhile, the gradual release of new production capacity has led to a bearish market sentiment. Merchants maintained an active sales strategy, but transactions remained weak.

3, UpWeek (20250321-0327) The overall operating rate of agricultural film is relatively higher. Early stage +0.35% PE pipe production startup rate relatively Early stage +2.83% 。

II. Price List Form

Unit: yuan/ton

III. Market Outlook

This week's rebirthPE marketThe market is expected to continue with weak stability as the main trend. In some local areas, there may be slight fluctuations due to temporary adjustments in supply and demand, but there is a lack of foundation for significant increases or decreases. It is recommended that market participants pay close attention.crude oilNew material trends and downstream order recovery status.