Plastic connected to the main 1109 contract early opened slightly lower, the shock of the session of the price range, slightly late closing Yin, opening 12080 up to 12145 minimum 12005, to close at 12,070, the settlement price of 12,065, down 0.33 percent.
    PVC main 1109 contract level to open the opening, followed by shock finishing midday on the price of finished lower, was up late, days increased Positions, opened 8530, the highest 8565, lowest 8510, to close at 8535, the settlement price of 8540, or 0.12 percent.
    Fundamental analysis
    Plastic index ended March 25 15:00, China Plastics Price Index fell 0.85 points to 1075.02 points, the plastic stock index rose 0.74 points to 1224.48 points, warehouse receipts in the plastic index fell 2.52 points to 1030.15 points.
    Thursday, the New York Mercantile Exchange-month crude oil futures fell $ 0.15, to close at $ 105.6 per barrel, or 0.14 percent.London, May Brent crude futures rose $ 0.17, to close at $ 115.72 a barrel, or 0.15 percent.
    Asian ethylene City closing price remained stable, CFR Northeast Asia at 1340.5-1341.5 U.S. dollars / ton; CFR Southeast Asia reported 1255.5-1256.5 U.S. dollars / ton.
    LLDPE spot, the Central Plains market supply is normal, local businesses offer a slight decline transactions in general.
    PVC spot, the Shanghai region the stability of the market offer, the business mentality is still good, still increase the intention to market five types of electric stone mainstream quotation from mentioning in 7800-7850 yuan / ton.
    Expectation
    Aspects of LLDPE, today officially raised the reserve ratio will freeze about 360 billion yuan of funds, quarter-end funding pressures are likely to continue to suppress the commodity markets. Short-term international uncertainties still more crude oil short-term or shock. Weak downstream demand is still repression of price trends, even short-term plastic or the shock of thinking.
    PVC aspects of the current crude oil prices remain high, the domestic market as a whole showed a stabilizing trend of the price of 8500 yuan / ton mark support. But domestic policy tightening continued downstream demand did not become clear and the cost of calcium carbide to support the weakening of the case, the upside will be a greater inhibition, short-term main contract will be a high level consolidation-based.