International Crude Oil Market
This week, international crude oil market continued its downward trend. WTI crude oil fell to $84.88, down $2.83 in a single day with a decline of 3.23%; Brent crude fell to $87.33 with a decline of 3.38%. Geopolitical tensions continue to affect the market, with crude oil prices fluctuating widely.
Domestic Market Index
- Plastic Industry Index: 8482 (-7)
- PE Price Index: 9156 (-8)
- LLDPE Price Index: 8401 (-5)
- PP Price Index: 9700 (-13)
- PVC Price Index: 4721 (-3)
- ABS Price Index: 10053 (flat)
- PS Price Index: 9697 (+7)
Futures Market
- LLDPE Futures Main Contract: ¥7902 (+27)
- PP Futures Main Contract: ¥8596 (-116)
- PVC Futures Main Contract: ¥4741 (+25)
Monomer Market
- Ethylene CFR Northeast Asia: $897 (-$31)
- Ethylene CFR Southeast Asia: $932 (-$16)
- Propylene CFR China: $1102 (+$5)
- Propylene FOB Korea: $1077 (+$5)
Overall, with cost support weakening, the plastic market may maintain a relatively weak consolidation pattern in the short term.
