Shanghai Daoqin Plastics Co., Ltd.

in 我国疫情 anti 控初见 formed 效时, new type 冠状病毒肺炎疫情 in full 球开始蔓延. Korea 政府宣布进入 most high 预警状态并推迟开学, Italy formed is Europe new 冠疫情 most heavy 国家, 阿联酋, 伊朗, 伊拉克, 黎巴嫩, color and other already has new 冠肺炎病例, 而伊朗 疫情 most is heavy, full expand dispersion, milli 无疑问会令 full 球经济 active active degree large reduce, 国际油市 again degree lower slip, this in cost difficult for PE形 formed 一定支撑.

lower 面我们以华北 区 is 例, understanding lower 2 month 初至今PE in stock 变动情况（ mono 位: 元/吨）.

from upper table/sheet 看, rear 受疫情 effect/influence, inner material and enterprise 复工推迟, tube/pipe more enterprise drop negative production, 但PE upper enterprise pressure 依旧不 decrease, enterprise let 利出货, PE price lower 行.

随 疫情 缓 and, 各 复工复产 plan 陆续出台, enterprise low procurement increase, 但近期 看, more and 工人回归 still has 限, currently 石化库存 has decline, year-on-year still high 21.89%, 且港口库存亦 has 累库, market supply pressure relatively large, demand difficult formed strong/high has force 支撑, is short inner PE or low 势震荡 is 主.