On the supply side, Yanshan Petrochemical overhaul, the old pressure line 3 due to lack of raw materials began in October 9th to be expected to stop

On the supply side, Yanshan Petrochemical overhaul, the old pressure line 3 due to lack of raw materials began in October 9th to be expected to stop, driving time to be determined; Lanzhou petrochemical HDPE plant planned August 11th to October 8 day old parking maintenance, parking maintenance has full density device in May 18, 2013; Daqing stone HDPE device C line; Jilin petrochemical HDPE plant in October 18th began to overhaul repair 7-8 days. The expansion device, Shenhua Xinjiang smoothly, has polymerization products in October 3rd production of 300 thousand tons of polyethylene, co-founder of transit planning unit 7042, October 23rd began at the same time, the futures delivery linear granulation, supply into the market, supply and demand pressures increased slightly later. But the early product has yet to run in with the market, short-term impact is not expected.

The downstream market, although the festival with high raw materials prices fell and factories will; packaging and film industry orders due to lower than expected operating rate fell, but given to films, garlic film led agricultural film production still in season, demand is stable.
To sum up, the domestic PE market straddle intertwined, lack of strong unilateral news guidelines, after the market has experienced rapid increases in the petrochemical inventory low, decide on what path to follow? Very price intentions clear, coupled with market supply is tight, the strong support of PE market. But with the price up to a high level, the downstream enterprises profits by squeezing, restricting the raw material procurement initiative, while new expansion devices continue to increase, the late supply pressure gradually increased, the comprehensive advantages and disadvantages, it is expected that the recent market continued high prices will face up after the callback risk exploration.