China Plastics Price Index (February 24 to March 2)

In this issue (February 24th to March 2nd), the tension between Russia and Ukraine has intensified and many countries in Europe and the United States have increased sanctions on Russia, resulting in international crude oil prices breaking through 100 successively, and domestic plastic futures rising sharply

At present, due to the excessive price drop in the early stage, the gradual increase in downstream purchases and the increase in exports, the growth rate of PVC inventory has slowed down, and the subsequent spring inspection supply shrinkage has also significantly supported the market

The PVC market rose sharply .

PP is running strongly The futures market has risen strongly, the ex-factory price of petrochemicals has been partially raised, most of the merchants' offers are high, and the downstream factories are mostly cautious and wait-and-see

The LLDPE market rose .

(China Plastics Price Index Research Center)