The polyethylene market is off to a good start, and agricultural films are expected to rise

After returning from the Spring Festival holiday, international crude oil prices continue to rise. The cost side of polyethylene has strengthened, and the market has a strong willingness to pull up. Some prices have been adjusted upward, and some resources have been overreported. Downstream agricultural film factories have not yet fully resumed work, and demand follow-up is insufficient. Factory procurement is cautious and wait-and-see.

The stocks of polyolefin and two oils are destocked compared with yesterday.1million tons, reduced to98million tons, compared with the inventory in the same period last year (8410,000 tons) accumulated warehouse14Thousands of tons. Under the pressure of high domestic inventories, the demand for agricultural film has not yet recovered, and film factories have resumed operations one after another. Shed film factories have been started sporadically, and most factories have not resumed production yet. There are a small number of existing orders and reserve orders for mulch film production, and large-scale enterprises are gradually starting to start operations.5-7成左右，其他中小型厂零星开工。 Suppressed by the high inventories of the two oils and the relatively flat demand, agricultural film factories have a general purchasing mentality and are mainly cautious in purchasing.

During the Spring Festival, international crude oil continued to rise, supported by tensions in the Middle East. Futures opened high and fluctuated, petrochemical plants increased their prices significantly, and the market had a strong willingness to pull up. Due to the support from the cost side, PE will have a good start after the year, and it will also be a good start for this year's key year to achieve the goals and tasks of the "14th Five-Year Plan". Deadline2moon19Japan, Shandong market double anti-film9600-10000Yuan/tons, in terms of price, with high domestic inventories and relatively flat demand for agricultural film, there may not be much room for upward market growth. However, considering that the traditional peak season for agricultural film is approaching, factory orders are gradually accumulating, and the operating load will increase rapidly.2-3The amount of resources that need to be digested in the month has increased, suppressing the upward trend of the market. The agricultural film market is expected to be strong but the range is limited. It is recommended to pay more attention to the inventory of raw materials and the trend of crude oil.