August 17, 2023
According to the monitoring of the Commodity Market Analysis System of SunSirs, the domestic price of LLDPE (7042) was 8,257 RMB/ton on August 7th, and the average price on August 11th was 8,242 RMB/ton. During this period, the quotation decreased by 0.17%.
According to the monitoring of the Commodity Market Analysis System of SunSirs, the average ex factory price of LDPE (2426H) was 9,012 RMB/ton on August 7th, and 9,000 RMB/ton on August 11th. During this period, the quotation decreased by 0.14%.
According to the monitoring of the Commodity Market Analysis System of SunSirs, the average ex factory price of HDPE (5000S) was 9,237 RMB/ton on August 7th, and the average price on August 11th was 9,187 RMB/ton. During this period, the quotation decreased by 0.54%.
Last week, polyethylene was adjusted in a narrow range. In terms of cost: Last week, international crude oil showed an upward trend, which has a certain supporting effect on polyethylene prices. In terms of supply: The overall change in domestic polyethylene supply is not significant, and production is expected to increase this week. The demand for plastic film is in the off-season, and the follow-up of greenhouse film orders is slow. There is a good demand for packaging bags and wrapping films.
It is expected that polyethylene production will increase this week, and demand is expected to advance positively. It is expected that polyethylene will mainly fluctuate and adjust, with little change.
