PE and PP spot prices continued to rise by 100-200 yuan/ton, and the enthusiasm for market trading decreased slightly

The polyethylene spot market price rose sharply yesterday, and the market trading atmosphere was active. Today, the mainstream PE spot price has risen steadily, and the enthusiasm of downstream orders has decreased slightly. Crude oil price support strengthened in terms of cost today; In terms of supply, the domestic overhaul equipment started during the holidays, and the output increased. The resource digestion during the holidays was slow, and the inventory increased significantly. In terms of demand, the demand increased after the festival, but there is still room for improvement in downstream commencement. At present, the futures market is closed, and there is no guidance. By comparison, the internal and external price is about 50-430 yuan/ton, and the import arbitrage window is gradually opening. The stock of the two oils was 770000 tons (the early stock was revised to 810000 tons yesterday), down 40000 tons from yesterday.

The domestic PE index

According to Tu Duoduo's data, the domestic PE spot index was 9201 on October 9, up 71, or 0.78%. The LLDPE spot index was 8767, up 46, or 0.53%. LDPE spot index was 10220, up 108, or 1.07%. HDPE spot index was 8601, up 53, or 0.62%.

The domestic PP index

According to Tu Duoduo's data, the domestic PP spot index was 8506.83 on October 8, up 77.80, or 0.91%.