Polyethylene PE: Spot prices have risen regionally, and transactions with low-priced sources are still acceptable, and the market is volatile

Sinopec Inventories: The polyolefin stocks of the two oils were 720,000 tons, an increase of 10,000 tons from yesterday.

Shenhua auction statistics: The online auction volume today is 600 tons, and today's transaction volume is 600 tons. High-pressure auction volume today is 0 tons, and today's transaction volume is 0 tons. Low-pressure today's auction volume is 0 tons, and today's transaction volume is 0 tons.

PE spot market analysis: Today, China's PE market is running linearly and high-pressure prices are relatively strong. In terms of prices: China's linear mainstream prices range from 8420-yuan/ton, high-pressure prices range from 9,580 - 9,800 yuan/ton, and low-pressure film materials The prices range from 8,330 to 8,800 yuan/ton, and the low-pressure wire drawing ranges from 8,470 to 8,840 yuan/ton. In the news market, progress has been made in the ceasefire agreement between Palestine and Israel, and the geopolitical situation has eased. The price of crude oil on the cost side fell, and the center of gravity of transaction prices in the market shifted upward to varying degrees. However, the actual transaction situation in the market was poor under high-priced sources. Most petrochemical ex-factory quotations are stable, and a few are adjusted upward and downward, with a small extent.

PE spot trend forecast: Crude oil prices in terms of raw materials are still at a high level. Currently, the contradiction between supply and demand is not obvious. Equipment maintenance has been reduced after the holiday. However, the current pressure on the supply side is not large. The supply side still has support for the market. The downstream just needs replenishment. Pre-holiday stocking is basically completed. Overall, it is expected that the short-term polyethylene market may operate in a volatile manner.

Mainstream quotation in PE market: yuan/ton

Analysis of PE futures: On April 30, the opening price of L2409 was 8498, the highest price was 8527, the lowest price was 8481, the position was 453248 lots, the settlement price was 8498, yesterday's settlement: 8466, the increase: 32, and the daily trading volume: 264467 lots.

China's PE Index: According to Tuduo's data, on April 30, China's LLDPE spot index was 8494, up 42; the LDPE film spot index was 9770, up 85; and the HDPE spot index was 8415, up 19.