The price of continuous plastic futures fluctuated lower, and the spot market traded lightly

News: 1.
The overall start of mulch film in 2021 is not good
compared with previous years.
As of the week of April 9, 2021, the production of mulch film ended ahead of schedule, and the mulch film operating rate halved compared with the start of construction in 2020, and decreased by more than
30% compared with 2019.
2.
Longzhong Information reported on April 12: Shenhua Coal Chemical Industry Shenhua Baotou linear bidding volume was 884.
5 tons, the previous day's bidding volume was 600 tons, the intraday trading volume was 98 tons, and the previous day's trading volume was 100 tons
.
Shenhua low-pressure intraday bidding volume was 4.
775 tons, the previous day's bidding volume was 4.
775 tons, the intraday trading volume was 0 tons, and the previous day's trading volume was 0 tons
.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8450 yuan / ton, -100 yuan
.

Warehouse receipt inventory: 1005 warehouse receipts, +249 sheets
.
Main positions: Top 20 long positions 148051, -2767; short positions reported 151564, -13156
.
Reduced
headroom.

Summary: In April, 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 slightly last week, and the domestic production of polyethylene decreased
.
The operating rate of domestic PE downstream industries fell slightly by 56.
8%.

The operating rate of agricultural film enterprises fell sharply, the operating rate of packaging film enterprises fell slightly, and the operating rate of pipe, hollow and injection molding enterprises increased
slightly.
The PE inventory of domestic polyethylene enterprises (oil + coal) has increased, up 7.
28%
week-on-week.
The spot market transaction is light, and the downstream bargain hunt purchases, resisting
the attitude towards high prices.
In the later period, there are still new devices put into operation in China, and it is expected that the market supply is sufficient
.