According to the data monitoring of the business community, the domestic price of LLDPE (7042) was 8368.57 yuan/ton on October 7, and the average price was 8528.57 yuan/ton on October 17, with an increase of 1.91% during the period, 6.87% higher than that on September 1.

According to the data monitoring of the business community, the average ex factory price of LDPE (2426H) was 9980 yuan/ton on October 7 and 10050.00 yuan/ton on October 17, with an increase of 0.70% during the period, up 5.60% compared with August 1.

According to the data monitoring of the business community, the average ex factory price of HDPE (5000S) was 8416.67 yuan/ton on October 7 and 8533.33 yuan/ton on October 17, with an increase of 1.39% during the period, 0.39% higher than that on August 1.

After the festival (October 7-17), the domestic polyethylene spot market rose as a whole, and the three major spot varieties showed a trend of rising first and then falling, with the increase greater than the decrease. During the holidays, international crude oil rose one after another, bringing obvious benefits to the market on the cost side. After the festival, the polyethylene market was driven higher by this. In addition, the downstream storage and replenishment demand after the festival, petrochemical enterprises had a strong mentality, and the ex factory price was higher. However, as the international crude oil stopped rising and fell after the festival, the market was in a bad mood. With the price rising, the downstream acceptance was limited, and they were somewhat resistant to the high price. The enthusiasm for entering the market became weaker, and the market transaction atmosphere became weaker than in the early stage. The price of polyethylene fell back, and the majority of shipments were made at the margin.

From October 7 to 17, the futures market of Liansu rose first and then fell. The decline was greater than the increase, which brought some bad news to the spot. On October 17, the opening price of polyethylene futures 2301 was 7896, the highest price was 7926, the lowest price was 7791, the closing price was 7809, the previous settlement price was 7898, the settlement price was 7855, down 89, the trading volume was 421259, the position was 421870, and the daily position increased 3908. (Quotation unit: yuan/ton)

In terms of current raw materials, the international crude oil price is weak and the cost side brings bad news. On the demand side, with the end of replenishment after the festival, the downstream has limited ability to accept high prices, and the enthusiasm for entering the market has weakened. On the supply side, the current market supply is mainly increased, and the market lacks of advantages. It is expected that the polyethylene spot market will mainly decline in the short term.