Sinopec Inventories: The polyolefin stocks of the two oils were 755,000 tons, an increase of 5,000 tons from Friday.

Shenhua auction statistics: The online auction volume today is 600 tons, and today's transaction volume is 600 tons. High-pressure auction volume today is 0 tons, and today's transaction volume is 0 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 is generally operating strongly. In terms of prices: China's linear mainstream prices range from 8,380 to 8,750 yuan/ton, high-pressure prices range from 9,480 to 9,650 yuan/ton, and low-pressure film materials range from 8,320 to 8,750 yuan/ton, and low-pressure wire drawing ranges from 8,450 to 8,800 yuan/ton. The news is concerned about OPEC+ production cuts and the instability of the geopolitical situation; crude oil prices on the cost side continue to rise strongly, and the center of gravity of transaction prices in the market has shifted upward to varying degrees. However, the actual transaction situation in the market is poor under high-priced sources. Most petrochemical ex-factory quotations are stable, and a few are adjusted upward and downward, with a small extent.

PE spot trend forecast: In terms of raw materials, crude oil prices at the cost end continue to increase, support at the cost end remains, and there is relatively little change in coal quality costs. On the supply side, there are currently more than 20 sets of devices that have been stopped for maintenance. There are no other maintenance plans for the devices in the short term, and the changes on the supply side may be relatively small. Demand is expected to decline in the face of the current start of downstream industries, and the pre-holiday procurement situation is less than expected. Overall, it is expected that the PE market will operate at a relatively high level in the short term.

Mainstream quotation in PE market: yuan/ton

Analysis of PE futures: Markets will be closed on April 28.

China's PE Index: According to Tuduo's data, China's LLDPE spot index on April 28 was 8443, up 26;LDPE film spot index was 9626, up 4;HDPE spot index was 8397, up 16.