The price trend of polyethylene market goes up

In April, the polyethylene market experienced a sharp rise and fall, crazy interpretation of the roller coaster market. In the early ten days, affected by the global epidemic, the demand for medical materials was urgent, while crude oil and futures strongly promoted, polypropylene fiber material took the lead in opening the crazy mode. The polyethylene market is driven by it and is on the up trend. In particular, some high melting and low-pressure injection molding and low-pressure film products benefit from their special needs (Making nose strips, protective clothing, inner layer of mask, etc.), and the market price is rising rapidly. 2911 rose to over 13000 yuan / ton from 7200 yuan / ton before the festival, up nearly 50%.

However, due to the rapid rise, the restriction of high price on transaction is obvious, and the market highlights the situation that there is no market with price. In addition, the state has introduced market regulation measures, and the international crude oil has set a historical negative number record, and ethylene monomer has been declining one after another, so petrochemical production enterprises have to constantly reduce the price to relieve the pressure. The atmosphere of market speculation suddenly cooled and the market fell back in an all-round way.