According to the monitoring of the data of TuoDu, the average price of LLDPE (7042) ex-works in East China was RMB 8830.00/ton on March 1, and it was RMB 9280.00/ton on March 31, which was increased by 5.10% in March. 4.15% from March 1 onwards.

According to the monitoring of TuoDu data, the average ex-factory price (2426h) in East China was RMB 116.67/ton on March 1st, and RMB 11750.00/ton on March 31st. The increase in March was 1.15%, down 2.99% from February. One.

According to Tudu data monitoring, the average ex-works price of HDPE (5000S) in East China was RMB 9183.33/mt on March 1st, and RMB 9850.00/mt on March 31st. March rose 7.26%, up 9.85% from March 1st.

In March this year, the domestic polyethylene spot market as a whole showed a shocking upward trend, the three varieties have risen to different degrees. Among them, the LLDPE and HDPE market in East China grew more, while the LDPE market grew more in the early stage, with limited room for growth. Thanks to the strengthening of international crude oil prices at the beginning of this month, the polyethylene spot market also showed an upward trend, and the ex-factory prices of petrochemical companies also rose one after another. Later, international crude oil prices weakened, cost support weakened significantly. In addition, orders from downstream factories were weaker than in previous years, and the polyethylene market lacked the power to continue to rise, with prices facing a certain amount of retracement. In the second half of this month, the polyethylene market was dominated by narrow range oscillation. Affected by the epidemic, logistics and transportation were disrupted, and downstream demand was suppressed to a certain extent. However, the price protection mentality of petrochemical enterprises obviously brought some support to the market, which fluctuated in a narrow range. At the end of the month, international crude oil prices rose, providing some support for costs. In addition, the supply side is expected to contract as the market concentrates. Earlier this month, new prices rose sharply.

In March this year, the Dalian futures market was on an upward trend, providing obvious support for the spot market. March 31, polyethylene futures 2205 opening price of 9291, the highest price of 9293, the lowest price of 9120, closing price of 9169, the former settlement price of 9256, settlement price of 9191, down 87, down 0.94. %, turnover of 43,603 lots, the position volume of 243,721, the daily increase of-24,393 lots. (Estimated unit: yuan / ton)

Currently, the market holding season is approaching and some companies are planning to reduce their load. This April, the market supply declined sharply. On the demand side, the demand for agricultural movies tapered off in April, but it still brought some benefit to the market due to the expected growth in the fresh and pipeline sectors. In addition, international crude oil prices rose again, providing some support to costs. PE spot market prices are expected to rise in April.

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