Polyethylene is mainly short-term consolidation, and the overall fluctuation range is limited

At the beginning of the week, it was supported by the rise in international crude oil during the holiday
.
The ex-factory price of the polyethylene market is mostly upward
.
The market supply side is relatively sufficient, and the downstream factories in demand are gradually resuming work
.
However, in the later period, the Liansu futures market declined, the downstream mentality was cautious, the enthusiasm for entering the market was general, and the petrochemical factory quotation was lowered in some areas, which brought certain pressure to the market, and the merchant price followed the weakening
.

The Liansu futures market rose first and then fell during the week, bringing limited
support to the spot market.
On February 15, polyethylene futures 2205 opened at 8890, the highest price was 9096, the lowest price was 8842, the closing price was 8943, the previous settlement price was 8987, the settlement price was 8947, down 44, or 0.
49%, the trading volume was 596053, the position was 332305, and the daily increase was 3918
.
(Quotation: yuan/ton)

At present, the market supply is relatively sufficient, there are fewer maintenance enterprises, and in terms of demand, work will resume after the downstream holiday, and there is an expectation
of improvement in the later stage.
However, the fluctuation of the international crude oil market has brought limited support to the market, and it is expected that the PE spot market price may be dominated by consolidation in the short term, and the overall fluctuation range is limited
.