Sinopec Inventory: The polyolefin inventory of the two oils was 775,000 tons, down 35,000 tons from yesterday.

Shenhua auction statistics: Today's auction volume of online auction is 800 tons, and today's transaction volume is 800 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, the overall range of China's PE market has been sorted out, the overall linear, high-pressure and low-pressure wire drawing markets have been sorted out strongly, and the price of low-pressure film materials has been reduced within a narrow range. On the cost side, international oil prices continue to rise。On the supply side, the impact of daily parking of PE devices has increased slightly, and the supply of goods is not under high pressure. On the demand side, downstream agricultural film demand continues to improve, PE packaging film demand remains stable, and the overall starting level of downstream industries has increased slightly.Overall, most traders are actively shipping along with them, and low-price transactions in the market are good. It is expected that the two cities are generally in shock and consolidation.

PE spot trend forecast: In terms of supply, the National Day holiday is approaching. Although the market is mainly focused on actively digesting production sample stocks, only Yangzi Petrochemical's PE units involving a production capacity of 70,000 tons are planned to be overhauled next week. Tarim Petrochemical and Guangdong Petrochemical, which involve a total production capacity of 700,000 tons, are planned to restart the PE units after temporary parking, and there may be certain expectations for an increase in supply. On the demand side, downstream factories may expect to increase their willingness to hoard goods before National Day. Overall, the polyethylene market is expected to operate in a volatile manner in the short term.

Mainstream quotes in the PE market:

Analysis of PE futures: On September 20, the opening price of L2501 was 7980, the highest price was 7980, the lowest price was 7915, the position was 395604, the settlement price was 7948, yesterday's settlement was 7894, and the increase was 54.

China PE Index: According to Tuduo data, on September 20, China's HDPE spot index was 7916, down 1;LDPE film spot index was 10323, up 4;LLDPE spot index was 8256, up 2.