The price of continuous plastic futures fluctuated lower, and the market supply was sufficient

News: 1.
Longzhong Information reported on March 23: Shenhua coal chemical industry Shenhua Baotou line type auction volume today 1858 tons, yesterday's bidding volume 1584 tons, today's trading volume 72 tons, yesterday's trading volume 100 tons
.
Shenhua Low Pressure bid 200 tons today, 200 tons yesterday, 100 tons today, 0 tons
yesterday.
2.
PE imports from January to February 2021 were 2.
5629 million tons, an increase of 8.
37%
over the same period last year.
Among them, LDPE imports were 544,700 tons, HDPE imports were 1,097,300 tons, and LLDPE imports were 921,000 tons
.
From January to February 2021, the total amount of PE exports was 40,900 tons, an increase of 16.
19%
over the same period last year.
Among them, LDPE exports are 14,500 tons, HDPE exports are 20,800 tons, and LLDPE exports are 05,600 tons
.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8750 yuan / ton, -100 yuan
.

Warehouse receipt inventory: 420 warehouse receipts, -513 sheets
.
Main positions: Top 20 long positions 175331, +5525, short positions reported 188128, +1311
.
Reduced
headroom.

Summary: In March, there were still installations in Asia for shutdown and maintenance, and supply in overseas markets remained tight
.
Dow Chemical said the price of all polyethylene resin it sells in the U.
S.
will increase by 9 cents/pound ($200/ton)
starting in April.
Domestic: The average operating rate of domestic polyethylene enterprises fell last week, and the total output of polyethylene decreased
.
The operating rate of domestic PE downstream industries is 59%, except for the decline in the operating rate of agricultural film enterprises, the operating rate of pipe, packaging film, hollow and injection molding enterprises has increased
by different degrees.
In particular, the operating rate of packaging film enterprises has increased significantly
.
The PE inventory of domestic polyethylene enterprises (oil + coal) continued to decline, down 3.
28%
week-on-week.
Downstream bargain hunting, resistance to high prices, poor shipments by traders, and a sharp increase of 20.
54% in inventory, indicating that the inventory of production enterprises has shifted to middlemen, and the inventory has not really been digested
.
From late March to April, new installations were put into operation, and the market was well supplied
.
Inventories at major domestic ports have rebounded and are higher than the same period last year
.
At present, the short-term trend of Liansu is weak
.