Analysis of the trend of domestic polyethylene market

It is understood that during the period of one week from November 26 to November 30, 2012, the PE market has held steady, with most of the regions finishing in a narrow range.

I. Trends of manufacturers' dynamic devices: Shanghai Petrochemical 1PE plans to repair for 25 days from November 9 to December 3; Lanzhou Petrochemical full-density device will stop on November 19; Shanghai Secco linear device will stop on November 22, plan 12 Drive on the 4th of the month; Fujian joint linear device and November 19 parking; Maoming Petrochemical 1# was stopped in the early morning of November 29.

Price dynamics: This week, petrochemical prices held steady, high pressure and individual linear ex-factory prices down, LLDPE 7042 mainstream ex-factory price in the 10500-10600 yuan / ton.

Second, the market trend This week, the PE market has held steady, with most of the regions finishing in narrow ranges. This week, petrochemical prices have not changed much, but the high-pressure and linear prices in East China are higher than those in other regions, so the high-pressure and individual linear factory prices are lowered. However, due to the shortage of high pressure and linearity in the region, and the cost of merchants’ supply is slightly higher, the market has followed a slight downward trend. The import linearity in North China is relatively tight. At present, the domestic linear price is around 10,700 yuan/ton, but the import linearity such as 0218D is at 11,000 yuan/year. About tons, it is understood that the linear cost of imports in the 10850 yuan / ton, but because of the market upside down reasons, doing import business has decreased. In terms of low pressure, the supply of low-pressure membrane materials in the entire PE market is tight and the prices are relatively firm, but the low-pressure injection molding plastic is slightly weak, and other low-voltage products are relatively stable. This week is the last trading week of the month. Petrochemical will successively introduce new policies. Affected by this, the atmosphere inside the venue is relatively strong. Buyers and sellers wait for the guidance of petrochemical news, and the transactions are mainly based on small orders.

3. The market outlook predicts that the petrochemical's new price policy has not yet been introduced, but the current willingness to price is still there, but the inflation is expected to cool down. Although from the perspective of petrochemical inventories, the petrochemical inventories in various regions at the end of this month have different degrees from the end of last month. The drop, but still at a high level, coupled with poor downstream demand, business social analyst Xue Jinlei expects the market will remain weak consolidation pattern next week.