Futures Daily reporter learned that, for the price of polyolefin on Friday rose sharply, before the device maintenance and delivery businesses is the main reason.

Last year before the Spring Festival, the downstream enterprises will actively stocking to deal with after years of production, the current price is usually out of the wave of rising prices. This year, the downstream enterprises stocking will is not strong, not rebound and corporate stock relationship polyolefin market recently.

In the view of Jinshi futures analyst Huang Liqiang, the downstream enterprises are not actively stocking, a polyolefin price is high, the lower reaches of corporate profits is not good; two is subject to environmental inspection influence, downstream enterprises were forced to shut down. In addition, before the device maintenance is less, adequate market supply, so that the downstream enterprises wait-and-see mood.

“Recently, polyolefin maintenance device increased (especially polypropylene), petrochemical enterprises inventory also increased. However, the early polyolefin plant operating load is high, the downstream demand is not obvious peatlands, petrochemical business inventories are low, this phenomenon is somewhat illogical.” Investor futures analyst Huang Qingqing said, on the one hand, by the end of the contract goods customer concentration caused a sharp decline in petrochemical enterprise inventory; on the other hand, at present, petrochemical enterprises better profits, and near the film consumption season, the inventory of doubtful authenticity.

The Spring Festival is coming, because although polyolefin market of petrochemical enterprises inventory low demand, open market rebound, but the downstream stocking near the end, from the supply side pressure continues unabated, Huang Liqiang believes that the late polyolefin trend will be more anxious to substantialvolatility.