Plastic futures market: May 18, polyethylene futures 2109 opening price at 8060, the highest price of 8120, the lowest price of 8010, the closing price of 8065, the former settlement price of 8130, the settlement price of 8060. 65 lots, down 0.80%, the turnover of 449,831 lots, an increase of 13,018 lots (quoted unit: yuan / ton).

May 18, the spot market three major polyethylene varieties overall weakness. LLDPE, LDPE market fell about 100-250 yuan / ton. HDPE market changed little, basically remained stable. Although the slight rise of international crude oil brought positive support to the market, some petrochemical companies lowered their ex-factory prices, which affected the market mentality. Even if the plastics futures market opened lower and shook, cautious trading would have a negative impact on the market. Traders mainly follow the downward trend, and the current market demand is average. China PE market is expected to consolidate at high level in the short term with limited changes.

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