Polyethylene prices gradually rose in recent years

After entering March, squeezed by profits, most of the domestic oil system enterprises involved in production cuts to protect prices. Shenyang Chemical's linear unit was parked, Yanshan Petrochemical's low pressure A line was parked for material, Qilu Petrochemical's old full density and low pressure A line was parked, and China and Korea Petrochemical's low pressure unit was parked from February 28. Shanghai Jinfei low-pressure unit was overhauled from March 8.

Wanhua Chemical low-pressure plant was stopped. Yangzi Petrochemical full density overhaul from March 15 to early May. Zhongke Refining 350,000 t/a HDPE plant is scheduled to be shut down for maintenance on March 20, start-up time to be determined. Fushun Petrochemical's new low-pressure unit will be shut down for maintenance from 23 March.

Due to the soaring crude oil and the high cost of domestic oil enterprises, petrochemical enterprises have been reducing their load or overhauling and parking. In April, enterprises continued to reduce production to protect prices, Yangzi Petrochemical low-pressure 270,000-tonne unit is scheduled to be overhauled from March 27 to May 14.

Zhejiang Petrochemical a 450,000 tons of full density plant plans to stop in April for 40 days of maintenance, 300,000 tons of low pressure plans to April 20 maintenance month. Lianyungang Petrochemical's 400,000 tonne/year low pressure plant is scheduled to be overhauled for 55 days in early April.

Zhongsha Tianjin low-pressure plant is scheduled to be shut down for maintenance from April 1-10. Yanshan Petrochemical low pressure line 1 and Qilu Petrochemical low pressure line A will continue to stop in April. As for the Chinese oil companies, Jilin Petrochemical low-pressure unit will be overhauled from April 7-15, Fushun Petrochemical old low-pressure unit will be optimized and parked for the whole month, Lanzhou Petrochemical 60,000-ton full-density unit will be parked from 20-24, 400,000-ton full-density unit will be parked from 6-12, and Dushanzi Petrochemical low-pressure unit will be parked from 11-14.

Most believe that with the domestic epidemic under control, the market still has the potential to move upwards with the support of crude oil, and are looking forward to the subsequent market.

For the April market, the domestic epidemic is the biggest uncertainty factor, if the domestic epidemic is effectively controlled, crude oil support market still has the possibility of upward movement, businessmen are looking forward to the subsequent market, the low-end prices will be concerned, on the contrary, do not rule out the possibility of continued decline.

Geopolitical pattern, the price of energy at a high level, intensifying the contradictions of inflation, foreign countries to curb inflation, currency began to tighten, the domestic in order to stabilize economic growth, opened a counter-cyclical regulation, the macro side for the time being for the impact of commodities on the neutral.