Polyethylene PE: Prices are adjusted regionally, and have increased after market shocks

Sinopec Inventories: The polyolefin stocks of the two oils were 885,000 tons, an increase of 35,000 tons from last week.

Shenhua auction statistics: The online auction volume today is 900 tons, and today's transaction volume is 377 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 regionally weak, and the prices of linear, high-pressure and low-pressure film materials have dropped slightly by 10-50 yuan/ton. In terms of price: China's linear mainstream prices range from 8,360 to 8,750 yuan/ton, high-pressure prices range from 9,750 to 9,900 yuan/ton, low-pressure film materials range from 8,320 to 8,800 yuan/ton, and low-pressure wire drawing range from 8,100 to 9,150 yuan/ton. The market transaction situation is not ideal, the center of gravity of market transaction prices has shifted downward, and merchants have mainly made profits and shipped goods. Most markets have a strong wait-and-see atmosphere, and the overall market shows a slight regional downward trend. There is room for negotiation on firm transactions.

PE spot trend forecast: Raw materials are currently in the off-season of coal demand, and coal prices are operating under the guidance of national policies; crude oil is operating weak, and oil cost support still exists. However, judging from the current decline in oil prices, it is not guiding the polyethylene market. Strong. On the supply side, in addition to the equipment that was not restored in the early period of parking, Zhejiang Petrochemical, Dushanzi Petrochemical, Shanghai Jinfei and other equipment were successively under maintenance this week; and there were still equipment maintenance plans in late May, and the supply side temporarily has good support for the market. At present, the downstream demand is mainly based on wait-and-see market, and the purchasing mentality is relatively cautious, maintaining just demand. Overall, it is expected that the short-term polyethylene market may continue to fluctuate and consolidate operations.

Mainstream quotation in PE market: yuan/ton

Analysis of PE futures: On May 13, the opening price of L2409 was 7441, the highest price was 8484, the lowest price was 8404, the position was 462505, the settlement price was 8439, yesterday's settlement: 8422, up: 17.

China's PE Index: According to Tuduo's data, China's LLDPE spot index on May 13 was 8502, up 3; the LDPE film spot index was 9855, down 15; and the HDPE spot index was 8399, down 2.