Sinopec Inventories: The polyolefin stocks of the two oils were 830,000 tons, a decrease of 25,000 tons from yesterday.

Shenhua auction statistics: The online auction volume today is 850 tons, and today's transaction volume is 674 tons. High-pressure auction volume today was 91 tons, and today's transaction volume was 91 tons. Low-pressure today's auction volume is 0 tons, and today's transaction volume is 0 tons.

PE spot market analysis: Today, China's PE market prices are operating strongly, and spot prices have risen by 20-50 yuan/ton. In terms of price: China's linear mainstream prices range from 8,350 to 8,600 yuan/ton, high-pressure prices range from 9,300 to 9,600 yuan/ton, low-pressure film materials range from 8,300 to 8,750 yuan/ton, and low-pressure wire drawing range from 8,350 to 8,800 yuan/ton. The intraday performance of futures was not weak, which supported the mentality of the industry to a certain extent. Petrochemical and coal companies both raised their prices, and on-site cost-driving forces strengthened again. Some traders pushed up tentatively, and the downstream just needed to enter the market, but transactions at slightly lower prices were acceptable.

PE spot trend forecast: In terms of raw materials: Crude oil continues to operate at a high level, paying attention to geographical trends. Petrochemical policy: After several trading days of silence, petrochemical and coal companies once again moved to increase prices, and the boost to on-site costs increased. Supply: Lianyungang Petrochemical, Jiutai, Zhongke Refining and Chemical, Hainan Refining and Chemical, and Zhejiang Petrochemical have been suspended until April and May. Recently, new units such as Zhongyuan Petrochemical and Maoming Petrochemical have continued to be suspended for maintenance, and the market supply continues to shrink. In terms of demand, the overall downstream demand is relatively stable, with small overall variables. Under the comprehensive influence, it is expected that the PE market will still operate at a high level, focusing on the market trend and spot transactions.

Mainstream quotation in PE market: yuan/ton

Analysis of PE futures: On April 17, the opening price of L2409 was 8380, the highest price was 8441, the lowest price was 8379, the position was 433116 lots, the settlement price was 8412, yesterday's settlement: 8416, the decline: 4, and the daily trading volume: 278235 lots.

China's PE Index: According to Tuduo's data, China's LLDPE spot index on April 17 was 8422, up 12, or 0.14%; the LDPE film spot index was 9447, up 27, or 0.28%; the HDPE spot index was 8536, stable.