PE: It will take time for the rain to clear after the festival

Market review: As the Spring Festival returns to the market, the domestic PE market is generally weak and prices are partially do.

product name	brand	January 31	February 15	ups and downs
LDPE	Shanghai Petrochemical Q281	10250	9900	-350
LDPE	Daqing Petrochemical 2426H	9400	9300	-100
LLDPE	Zhenhai Refinery 7042	9250	9100	-150
LLDPE	Shanghai SECCO LL0220KJ	9400	9200	-200
HDPE	Daqing Petrochemical 5000S	10000	9700	-300
HDPE	Fushun Petrochemical 2911	9500	9400	-100

Product Name Brand January 31st February 15th Up and down _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ 5000S 10000 9700 -300 HDPE Fushun Petrochemical 2911 9500 9400 -100 Product Name Brand January 31st February 15th Change Product Name Product Name Brand Brand January 31st January 31st January 31st February 15thFebruary 15th February 15th ups and downs _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ LDPE LDPE Daqing Petrochemical 2426H Daqing Petrochemical 2426H 9400 9400 9400 9300 9300 9300 -100 -100 -100 LLDPE Zhenhai Refinery 7042 9250 9100 -150 LLDPELLDPE LLDPE Zhenhai Refining 7042 Zhenhai Refining 7042 9250 9250 9100 9100 9100 -150 -150 -150 LLDPE LL0220KJ 9400 -200 LLDPE LLDPE LL0220KJ 9400 9400 9400 9400 9400 9400 9200 -200 -200 HDPE Daqing Petrochemical 5000S 10000 9700 -300 HDPE HDPE HDPE Daqing Petrochemical 5000S Daqing Petrochemical 5000S 10000 10000 10000 9700 97009700 -300 -300 -300 HDPE Fushun Petrochemical 2911 9500 9400 -100 HDPE HDPE HDPE Fushun Petrochemical 2911 Fushun Petrochemical 2911 9500 9500 9500 9400 9400 9400 -100 -100 -100

Price list of some PE grades in China Plastics City (unit: RMB/ton)

Market outlook forecast:

Upstream: International crude oil: OPEC and the.

Supply: After the holiday, petrochemical inventories and social inventories have increased significantly, and the pressure on spot circulation in the market has increased, and the accumulated inventory in various ports has increased by 5-10% compared with that before the holid.

Demand: Downstream factories have not fully resumed operati.

Futures: The trend of futures in the past two days has not been go.

To sum up, although the high inventory after the holiday and the increase in imports have plagued the domestic market, and the slow progress of the supply of goods has also suppressed the market sentiment, in the context of manufacturers going to the warehouse, the domestic market has weakened and prices have fallen, but according to the practice of previous yea.