Shanghai Daoqin Plastics Co., Ltd.

俄罗斯 and 沙特 石油 supply 僵局持续, full demand lower slip, 各国因 new 冠疫情陆续实施“封城”, 油价跌至近20 year most low water 平.

rear 期 看, 国际原油 market 暂无实质 property good, 且亚洲 ethylene drop 价, inner PE market 亦受拖累, lower 面我们看一 lower PE futures how to.

受国际原油 price fall and 美股熔断 effect/influence, 2020 year inner polyethylene (PE) market large fall, L05 combined month inner most high upper 探至6985元/吨, most low and 6065元/吨, month inner high low 价差达920元/吨. 随 进入交割 month, 移仓远 month 09 combined 约 操 as increase, 5-9价差不断走 shrink, or to month 一定 反 elastic 空间.

受疫情 effect/influence, full 球经济进入衰退期, in 美联储不限 amount wide lower, melt market 跌势未止. inner polyethylene (PE) demand 端复工逐步推进虽存边际 improvement, 但受限于 outer 工人返工 issues, construction start rate method fast speed improve/increase, for Raw Materials more rigid procurement, machine property demand versus for relatively less, for price rise force 不足. again 者, full expand dispersion lower, export mono to effect/influence, currently 石化库存 still 位于历 year versus for high 位, overall supply 呈逐步 improves trend, add 之原油 and ethylene large lower 挫, for polyethylene (PE) price has toward lower function, expected short inner polyethylene (PE) market still has lower slip 空间.