Driven by the general rise in prices of plastic raw materials, traders' trading enthusiasm was rising, and the plastic index surged. As of the end of the period, the China Plastics Price Index of Plastic Exchange reported at 1230.92 points, up 22.42 points from the previous period.
PVC stabilized and rose slightly and domestic PVC futures oscillated strongly. At the end of the period, affected by the shrinking social financing scale, some of the futures prices rose. The intraday volts suffered a certain pressure, but they still dominated. By the end of the closing period, the SG-5 was in June. South China settlement price was reported at 7,087 yuan (ton price, the same below), up 135 yuan; East China settlement price was reported at 7,085 yuan, up 165 yuan; North China settlement price was reported at 6,930 yuan, up 80 yuan; Northwest settlement price was 6,800 yuan, up 170 yuan. Ethylene DG-1000K settled at 7,220 yuan, up by 65 yuan. Fundamentally, from June 6th, the Central Environmental Protection Inspectorate has been stationed in Ningxia and Inner Mongolia. A small amount of calcium carbide stoves are temporarily stopped. The impact on the market supply and demand is limited, but businesses The wait-and-see attitude was strengthened. The PVC companies shipped well and the ex-factory prices continued to rise. The spot traders continued to follow up, the market circulated a few supplies and the replenishment cost increased, and the merchants reluctantly sold more. However, the terminal enterprises entered the low season of demand, then Insufficient follow-up of goods, poor transaction of high-priced goods. With the re-adjustment of futures, the bullish sentiment of the market declined, but the stocks were not supported by the spot supply, and the decline was relatively limited. It is expected that the market outlook for PVC will be adjusted to .
PP volatility Upstream PP market fluctuated upward this time, and the market trading sentiment picked up. The ex-factory price of petrochemical manufacturers was partially adjusted upwards, and the cost support was strengthened. In some regions, the market supply was tight, and traders were slightly over-reported. Futures futures oscillated and fell to the market. The attitude was slightly restrained, and the overall turnover turned weak. However, supported by the cost side, the market has not yet experienced a significant decline. Downstream manufacturers generally demanded, and there was resistance to high-priced sources, and they just needed procurement. As of the end of the period, the South China S1003 settled in June. The price was reported at 9,450 yuan, up by 100 yuan. Although the petrochemical inventories of PP continued to decline in the current period, it was difficult to be substantively digested due to the decline in downstream willingness to accept the goods. With the gradual restoration of the pre-repair equipment, the supply of goods will gradually increase. PP prices will drop high.
LLDPE weakened first and then weakened in the domestic polyethylene market. In the beginning, spot was boosted by stronger futures prices and prices rose slightly. However, downstream demand was weak, causing merchants to ship poorly, and then the price appeared a loose callback. Shocks weakened, and some petrochemical manufacturers lowered their prices one after another. Merchants lacked confidence in the market outlook, and most of them followed down orders. The enthusiasm for downstream delivery was not high and they were cautiously watching. At the end of the period, the South China DFDA-7042 variety settlement price was reported at 9405. Yuan, which fell by 5 yuan. In this period, the PE dollar market fluctuated within a narrow range. The overall trading atmosphere of the market was light, and the port inventory of linear products was relatively abundant. Overall, the loss of maintenance overhaul of the petrochemical industry slightly decreased during the period, and the import volume was at a high level. The overall supply increased. It is expected that the LLDPE market will continue to operate weakly in the next period.