According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 8990.00 yuan / ton on November 14 and 9040.00 yuan / ton on November 19, with an increase of 0.56% during the week and 1.35% compared with November 1.
According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 12312.50 yuan / ton on November 14 and 12462.50 yuan / ton on November 19, with an increase of 1.22% during the week and 4.40% compared with November 1.
According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 8833.33 yuan / ton on November 14 and 8833.33 yuan / ton on November 19. The price was stable during the week, down 0.38% compared with November 1.
In the middle of November, the three domestic polyethylene spot varieties rose steadily, with different trends. Among them, LDPE in East China showed a trend of rising first and then stabilizing, LLDPE showed a trend of rising first and then falling, and HDPE operated smoothly in the week. On the whole, there was little fluctuation, and the price was mainly arranged in a narrow range. Due to more maintenance of high-voltage devices, the import volume has decreased, the price trend of LDPE is strong, and it has increased successively at the beginning of the week, and the price has stabilized in the later part of the week. The ex factory price of petrochemical enterprises will be adjusted in a narrow range within a week, with a range of about 50-200 yuan / ton. At present, the overall transaction atmosphere of the market is acceptable, and the downstream makes up for it as needed. There is little pressure on supply, and petrochemical inventory is at a medium level. In terms of demand, plastic film is in the off-season of demand, the peak season of pipe demand is coming to an end, agricultural film is in the peak season of demand, and factory orders have increased.
Liansu futures fell first and then rose this week, bringing phased benefits to the spot market. On November 19, the opening price of polyethylene futures 2201 was 8674, the highest price was 8924, the lowest price was 8594, the closing price was 8825, the former settlement price was 8718, the settlement price was 8734, up 107, or 1.23%, the trading volume was 753962, the position was 244762, and the daily position was increased by – 1792. (quotation unit: yuan / ton)
At present, the overall transaction atmosphere of the market is acceptable, the market supply pressure is not large, the petrochemical inventory is mostly at the medium level, the demand for agricultural film is still in the peak season, and the orders of downstream factories have increased. In addition, the Liansu futures market rose in the late week, which has brought a certain boost to the spot market. PE spot market is expected to be dominated by strong prices in the short term.