According to the monitoring of the Commodity Market Analysis System of the Business Society, the domestic price of LLDPE (7042) was 8264 yuan/ton on May 8th, and the average price on May 12th was 8218 yuan/ton, with a decrease of 0.55% during the period.

According to the monitoring of the Commodity Market Analysis System of the Business Society, the average ex factory price of LDPE (2426H) was 8530 yuan/ton on May 8th and 8487 yuan/ton on May 12th, with a decrease of 0.50% 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 9087 yuan/ton on May 8th, and the average price on May 12th was 9162 yuan/ton. During this period, the quotation increased by 0.83%.

Polyethylene fell mainly this week, while LLDPE and LDPE prices fell. HDPE prices remained stable after rising, with limited upside potential. On the cost side, international crude oil futures fell, suppressing the weakening of the polyethylene market. Enterprises lower their prices, and traders adjust accordingly. On the supply side, temporary parking and maintenance devices have increased, resulting in a decrease in polyethylene production. In terms of demand, agricultural film is in the off-season of demand, with poor order volume and limited procurement on demand.

The increase in equipment maintenance for domestic enterprises has alleviated the pressure on polyethylene supply to a certain extent, limiting its potential for decline; The demand in the agricultural film market is not good, which is bearish for the polyethylene market. It is expected that polyethylene may be mainly adjusted to be weak.