According to the monitoring of the Commodity Market Analysis System of the Business Society, the domestic price of LLDPE (7042) was 8042 yuan/ton on July 3, and the average price on July 7 was 8064 yuan/ton. During this period, the quotation increased by 0.27%.
According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of LDPE (2426H) on July 3 was 8637 yuan/ton, and the average price on July 7 was 8687 yuan/ton, with an increase of 0.58% during the period.
According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of HDPE (5000S) was 9112 yuan/ton on July 3rd, and the average price on July 7th was 9137 yuan/ton. During this period, the quotation increased by 0.27%.
The price of polyethylene has mainly increased this week. In terms of cost, the rise in international oil prices has supported the rise in polyethylene prices. In terms of supply, there are many parking, maintenance, and decoration projects, and some varieties have a short-term supply shortage. Production enterprises and traders have raised their prices. In terms of demand, agricultural film is in the off-season of demand, and order follow-up is limited; In terms of pipes, orders are relatively stable; The current market demand for wire drawing is average. In terms of futures, polyethylene futures have experienced strong volatility, boosting the spot market.
There is still room for crude oil to rise next week, and demand is gradually improving in the second half of the year. It is expected that polyethylene may fluctuate more strongly.
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