According to the monitoring of the Commodity Market Analysis System of the Business Society, the domestic price of LLDPE (7042) was 8207 yuan/ton on August 17th, and the average price on August 24th was 8421 yuan/ton. During this period, the quotation increased by 2.61%.
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According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of LDPE (2426H) on August 17th was 9075 yuan/ton, and the average price on August 17th was 9450 yuan/ton, with a price increase of 4.13% during this period.
According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of HDPE (5000S) was 9150 yuan/ton on August 17th, and the average price on August 24th was 9212 yuan/ton. During this period, the quotation increased by 0.68%.
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Polyethylene prices have mainly increased this week, with LDPE prices experiencing a significant increase. The maintenance of high cost crude oil has a certain supporting effect on the price of polyethylene. The supply of some polyethylene grades is tight, and the prices quoted by production enterprises and traders have increased. The seasonal recovery of orders from agricultural film enterprises has continued, and downstream bargain-hunting and restocking behavior has increased compared to the previous period. The expected improvement in market demand has boosted market sentiment.
The polyethylene futures market has been mainly fluctuating and rising in the past month, which has a certain boosting effect on the spot market.
The polyethylene maintenance equipment has been restarted one after another, and the operation of the equipment has increased, with an expected increase in supply side; The peak season of demand for greenhouse film and plastic film is approaching, with an expected increase in demand, boosting market sentiment. It is expected that polyethylene may fluctuate strongly, but the upward space is limited.
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