According to the data monitoring of the business community, the domestic price of LLDPE (7042) was 8370 yuan/ton on November 11, and the average price was 8404 yuan/ton on November 18, with an increase of 0.41% during the period, 5.32% higher than that on September 1.
According to the data monitoring of the business community, the average ex factory price of LDPE (2426H) was 9633 yuan/ton on November 11 and 9600 yuan/ton on November 18, with a drop of 0.35% during the period, 0.88% higher than that on September 1.
According to the data monitoring of the business community, the average ex factory price of HDPE (5000S) was 8366 yuan/ton on November 11, and 8400 yuan/ton on November 18, with a rise of 0.40% during the period, down 1.18% from September 1.
This week, domestic polyethylene prices rose and fell, LLDPE rose slightly and then fell slightly, LDPE decreased slightly and remained stable, and HDPE rose slightly and remained stable. On the supply side, there are many shutdown maintenance devices this week, and the polyethylene supply pressure is reduced, which is good for the market. In November, petrochemical enterprises slowly destocking. On the demand side, the order for greenhouse film is nearing the end, and the demand for packaging film has risen. According to data, the average operating rate of polyethylene downstream products has increased slightly this week compared with last week, which has brought some support to the polyethylene market.
In terms of cost, on November 18, international crude oil futures continued to decline, which was bad for the market. On the supply side, the maintenance device will resume next week, and the supply pressure will rise. On the demand side, the peak season of agricultural film gradually ended, bringing certain negative effects. The lower reaches mostly maintain replenishment on demand, with low enthusiasm. It is expected that the polyethylene spot market will operate mainly in a narrow range.
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