According to the monitoring of Todudu Bulk Products Market Analysis System, the domestic LLDPE (7042) price was RMB 8231 per ton on March 1, and the average price was RMB 8210 per ton on March 29, a decrease of 0.26% from the average price on March 29 , 2019 . Done. Period.

According to the rabbit doodle bulk product market analysis system monitoring, March 1 domestic LDPE (2426H) price of 9237 yuan / ton, March 29 average price of 9250 yuan / ton, up 0.14% over the same period.

According to the monitoring of Todudu Bulk Products Market Analysis System, the domestic HDPE (5000S) price was RMB 8407 per ton on March 1, and the average price was RMB 8475 per ton on March 29, up 0.80% year-on-year.

PE prices fluctuated narrowly in March. PE futures market was weak at the beginning of the month, LLDPE prices were also affected by this. In the first half of the month, the domestic PE inventory supply is sufficient, the supply side pressure is obvious. Petrochemical companies are facing inventory consumption pressure, on-site inventory is mainly for consumption, and prices are also on a downward trend. Since then, some PE enterprises have maintenance plans, and supply-side pressure has been reduced. 

The output of downstream plastics enterprises gradually increased, and the demand is also increasing. The market is dominated by rigid demand, with insufficient purchasing efforts. However, cumulative orders continued to increase as plastic films entered the peak demand season. Demand expectations were optimistic and prices rose slightly. Downstream consumers are highly resistant to high prices and sellers are willing to offer discounts and slightly lower prices. On the cost side, the overall trend of crude oil was relatively strong in March, supporting the PE market bottoming out.

March 29, Dalian Commodity Exchange PE L2405 contract opened at 8247 yuan, closed at 8225 yuan, up 18 yuan, the highest 8248 yuan, the lowest 8203 yuan, up 0.22%. In the first half of March, PE futures market showed a weak shock, followed by a shock upward trend, the second half of March fell slightly.

In April, PE equipment maintenance increased. On the supply side, it is expected to decline at the end of April, the demand for plastic film began to weaken, other downstream industries have limited demand, the market atmosphere has improved. Oil prices are also expected to rise in April. Semi-monthly P/E ratios fluctuate narrowly, but the upside is limited.

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