PE market price analysis
PE future market analysis
Plastic 2209 contract opening price is 8398 on 27,June, the highest price is 8516, the lowest price is 8292, position is 332771, and the settlement price is 8417, that of yesterday is 8432, decreased 15.
Analyze: Plastic 09 contract opening future price on last Friday night sharply declined to the lowest price 8292 and then rebounded to climbed quickly.After the start of morning trading, The futures price rose further. After rising to the highest point of 8516, then that was weakened around 8400. Afternoon, the future price kept fluctating slightly. The whole day fluctuation range of the 09 contract is 8292-8516, the price difference is 224, the 09 contract has reduced 19824 positions, and so far the position has been 332771.
PE spot market analysis
There are high and low spot transaction price in the domestic PE market, and the market quotation trend is differentiated. Some regions have a slight increase of 50 yuan / ton, while some regions still have a downward trend of 50 yuan / ton.However, the small rise in the market began to show a glimmer of light to the market which had been depressed for a long time in the early stage. At the beginning of the week, with the strengthening of the futures market, some traders' quotations were tentatively raised, but the spot market was still dominated by low prices, and there was a certain trading volume in the low quotations.However, some high prices are still lowered to promote the transaction. At present, the maintenance of some petrochemical enterprises has been completed, and the supply has increased. The downstream demand changes less. The inventory of PetroChina and PetroChina (Sinopec and PetroChina) was 770000 tons, an increase of 35000 tons over the previous week.
PE index in domestic
According to the Tuduoduo, domestic PE spot index is 9596 on 27,June, down 7,and the down raange is 0.07%.LLDPE spot index id 8675, rose 41, a range of 0.47%.LDPE spot index is 10925, decreased 56,a range of 0.51%.HDPE spot index is 8971, climbed 10,a range of 0.11%.
