According to the Rabbit Doodle Bulk Products Market Analysis System monitoring, the domestic LLDPE (7042) price was RMB 8207 per ton on March 11, and the average price was RMB 8195 per ton on March 15, during which the price fell by RMB 0.14. %.

According to the Rabbit Dodo bulk products market analysis system monitoring, March 11 domestic LDPE (2426H) price of 9237 yuan / ton, March 15 average price of 9237 yuan / ton.

According to the monitoring of Todudu Bulk Products Market Analysis System, the domestic HDPE (5000S) price was RMB 8,475 per ton on March 11, and the average price was RMB 8,450 per ton on March 15, down 0.29% year-on-year.

Last week, the P/E ratio was narrowly adjusted with small fluctuations. International oil prices fluctuated rapidly, cost support PE market. Domestic PE inventory supply is sufficient, supply-side pressure is obvious, and petrochemical companies are facing de-stocking pressure. Downstream factory production gradually increased, but rigid demand is the main factor, resulting in insufficient purchasing intensity, limited new orders and insufficient demand growth.

March 15, Dalian PE L2405 contract commodity exchange opened at 8172 yuan, closed at 8280 yuan, up 135 yuan, the highest 8290 yuan, the lowest 8172 yuan, up 1.66%.

PE supply is loose, and the current supply is not enough to support demand. With the approach of the peak season of plastic film production, there are positive expectations on the demand side. In the short term, the P/E ratio is expected to rise narrowly.

Please feel free to contact toodududu (tdd-global@toodudu.com) with any questions.