According to the monitoring of the Commodity Market Analysis System of the Business Society, the domestic price of LLDPE (7042) was 8314 yuan/ton on April 17, and the average price on April 21 was 8340 yuan/ton. During this period, the increase was 0.31%, an increase of 0.79% compared to April 1.
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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 April 17th was 8812 yuan/ton, and the average price on April 21st was 8757 yuan/ton. During this period, the decline was 0.62%, a decrease of 1.46% compared to the quotation on April 1st.
According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of HDPE (5000S) on April 17th was 8866 yuan/ton, and the average price on April 22nd was 9062 yuan/ton. During this period, the quotation increased by 2.21%, an increase of 4.97% compared to April 1st.
This week, polyethylene saw a narrow adjustment, with LDPE prices falling in a narrow range and LLDPE and HDPE prices rising. On the cost side, the weakening of international crude oil prices this week has weighed on the polyethylene market. On the supply side, HDPE prices have increased due to insufficient supply. Next week, the maintenance device will restart and start operation, and there is expected to be an increase in polyethylene supply. Downstream demand, overall demand is lower than expected, and in terms of packaging film, procurement is mainly for just needs; The peak season for plastic film is gradually coming to an end, and the demand for plastic film is average, with insufficient order follow-up.
Next week, the maintenance device will resume operation, and there are expectations of an increase in polyethylene supply; The demand in the agricultural film market has weakened, and packaging film is mainly purchased in demand. The market demand is less than expected, and polyethylene analysts from Business Society predict that polyethylene may be adjusted as the main demand.
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