Polyethylene market supply enough, the market is advancing

After 2018, polyethylene plastic thermoforming machine material market inherit disadvantaged declines continuously, so far downstream terminal starts to recover is still not as good as expected, terminal continuous weak demand, market traders mentality is given priority to with decadent, market purchase enthusiasm is low, center, and petrochemical inventory is still high mobile website, market selling pressure continues. Linear futures in early march during six losses, is bad effect on the spot market, futures linear been main institutions selling suppressed. Over the Spring Festival in 2018, the domestic petrochemical stock up to 1. 07 million tons, is high in recent years, though, have shed film after the Spring Festival season expected need support, but the centralized purchasing has not appeared, poor shipping market, inventory is slow, the market mentality decadent. Data show, on March 8, 2018 inventory is below the same period in 2017, is still in the high position. On March 5 - 9, PE basis in strengthening process gradually, the spot futures premium range is smaller, the futures downward move, traders solemnly, hedging business did not like the previous low order, on the afternoon. Shanghai petrochemical 2 PE high-pressure assembly February 25, parking, on March 14, restart, 1 PE plan on March 26, parking, restart time to be determined. Shenhua ningxia coal PE assembly on March 1, parking, maintenance time or until late. Yanshan petrochemical new high voltage motor fault on March 5, parking meter the same months. In addition to the above assembly, planned maintenance assembly. Domestic supply enough, port stocks on the high side, is expected to market inheritance to digest inventory, price or still have further to fall.