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Polyethylene PE: The market is trying to rise and is weak. Long short positions leave the market and wait and see, and the spot is stable and small.

88,326
February 5, 2024, 5:02 PM

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PEA host °è 'i 'ao é y é éBran branAll of our ideas are like this: all of our ideas are like this: all of our ideas are like this, because all of our products are like this. so all of our equipment will become more exhausted, and these are all our friends. All of our ideas are like this, the mode of production between us is very good, our aim is to make us more exhausted.?,今日出厂多少稳定,仅石化华东降价。煤企仍有降价,场内货源成本下移。贸易商观望出货为主,早盘在期货盘中上行之下,市场有意挺价,挂单预售行为消失。随着午前期货回落及部分煤企陆续降价,市场仍有让利行为。下游中小厂基本停工,整体市场逐步进入尾声阶段。

PEA °è re μ °é host é zero μ ú ™°What time is it now? what time are we now?A _ A _ O °PEO ó n é °é °re é é °™±(±)The relationship between these means of production and our relationship with √.PE存量装置方面,1-3月份大修计划不多,3月份天津石化LLDPE装置(12万吨/年)计划停车10天,中科炼化HDPE装置(35万吨/年)则在3月中下旬展开为期2个月的大修。需求端,地膜方面,生产情况表现较好的阶段主要集中在2-4月份。2月份春节假期之后,厂家生产维持高位,3月份正式进入传统的地膜生产旺季,地膜订单集中进入旺季,地膜厂家开机率较前期有大幅增加,将会带动需求季节性提升。成本端:原油尽管当前受地缘风险因素造成偏强运行,中线更多的要参考2月初OPEC+评估会议的情况。从OPEC+11月给出的产量政策来看,2024年是一个弱平衡的格局,同时需要考虑一定的季节性。缺乏新消息指引下,仍以震荡市对待。煤价国家政策指导维稳运行。国际原油价格高位导致聚烯烃成本支撑偏高,油制工艺已经亏损2年,未来两年产能继续扩张,加剧内耗,石化企业仍有限产保价可能。库存方面:根据往年库存走势来看,库存春节前后累库,随后逐步去化。总结:预计春节后PE市场依旧维持震荡市,上有供应及需求压制,下有成本支撑,品种间走势来看,L好于PP。

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