According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 9180.00 yuan / ton on April 17 and 9220.00 yuan / ton on April 24. The increase rate in the week was 0.44%, up 4.42% compared with March 1.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11850.00 yuan / ton on April 17 and 11850.00 yuan / ton on April 24. The price remained stable during the week, up 2.01% from March 1.

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 9883.33 yuan / ton on April 17 and 9883.33 yuan / ton on April 24. The price remained stable during the week, up 7.62% from March 1.

This week, the price of polyethylene in the domestic spot market was strong and the overall fluctuation range was small. The three major varieties in East China all rose steadily, among which the LLDPE market was stable and upward, and the LDPE and HDPE markets were sideways. This week, the international crude oil price fluctuated and rose, which brought some positive support to the market in terms of cost. In addition, currently in the maintenance season, there is little pressure on market supply. However, there is no significant change in terminal demand, the downstream maintains replenishment on demand, and the market trading atmosphere is still limited. The merchant’s mentality is general, and the price has not been significantly adjusted for the time being.

This week, Liansu futures market fluctuated downward, bringing Limited benefits to the spot market. On April 22, the opening price of polyethylene futures 2209 was 8955, the highest price was 8968, the lowest price was 8854, the closing price was 8872, the former settlement price was 8954, the settlement price was 8905, down 82, or 0.92%, the trading volume was 321826, the position was 260546, and the daily position was increased by 10838. (quotation unit: yuan / ton)

At present, the support brought by the cost to the market is relatively obvious. In the later stage, there is still a reduction expectation in the market supply of polyethylene market, and the pressure on the market supply is small, but the continued weak demand has significantly restrained the market. It is expected that the price of PE spot market will continue to be adjusted in a narrow range in the short term.