Demand has been pushing down plastic futures
Demand has been pushing down plastic futures
Each year 3 ~ 4 month is a traditional plastic factory peak season, but this year's film season performance continue to encounter the tepid awkward situation, orders are shrinking, the trend of present the slack season. In 2012, the economic situation was more complicated, and the downstream factories were generally cautious. At the same time, the listing of LLDPE futures of big business has increased the financial attribute of LLDPE of agricultural film raw materials, and the instability of raw material PE price has increased the wait-and-see sentiment of downstream processing plants.
At present, due to the solid spot, the futures discount is larger, for example, April 10, L1205 of L1205 in south China and rmb265 / ton in L1209. It is recommended that traders and downstream factories maintain "short and long empty" trading strategies in the second quarter
