Continuous plastic narrow finishing The market transaction atmosphere has weakened

News: PE imports in March 2020 were 1.
4925 million tons
.
Among them, LLDPE imports were 423,900 tons, HDPE imports were 771,100 tons, and LDPE imports were 297,500 tons
.
The total PE exports in March were 32,200 tons
.
Among them, LDPE exports are 10,000 tons, HDPE exports are 17,200 tons, and LLDPE exports are 0.
5 tons
.

Spot market: The domestic polyethylene market is mixed
.
The selling company's high-voltage product opening price was partially increased, and the rest was stable
.
Merchants are cautious, adjust offers according to their own resources, and real orders are mixed, and the transaction atmosphere is weak
.
As of the noon close, the North China market adjusted 50-100 yuan / ton; East China market rose 50-100 yuan / ton; The South China market fell by 50 yuan / ton
.

Warehouse receipt inventory: exchange warehouse receipts reported 116 lots, intraday -0 lots
.
Main position: the top 20 long positions in the main contract are 228380 lots, -10813 lots, short positions are 245541 lots, -15305 lots, net positions are -17161 lots, net space is reduced
.

Summary: The global economy is weak
due to the pandemic.
The IMF also lowered its global GDP growth forecast to -3%, which weighed on market confidence and crude oil fell
slightly.
In the industrial chain, the demand for agricultural film is basically over, the demand for shed mold has not yet begun, and the demand for packaging film is basically stable, but the production of plastic products increased sharply in March, and after entering May, the maintenance of the device has increased, which is expected to form a certain support for continuous plastic, and in operation, investors can hold more than
cautiously.