According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 8820.00 yuan / ton on December 20 and 8780.00 yuan / ton on December 27. During this period, the price fell by 0.45%, down 1.57% compared with November 1.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11875.00 yuan / ton on December 20 and 11825.00 yuan / ton on December 27. During this period, the price fell by 0.42%, down 0.52% compared with November 1.

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 8800.00 yuan / ton on December 20 and 8800.00 yuan / ton on December 27. During this period, the price remained stable, down 0.75% compared with November 1.

In late December, the domestic polyethylene spot market continued to weaken, mainly consolidation, and the overall fluctuation range was limited. LLDPE and LDPE showed a trend of falling first and then stabilizing, and HDPE continued to be stable during the period. During this period, the ex factory price of petrochemical enterprises changed little, and the reduction range was about 50-200 yuan / ton. Although the volatile rise of international crude oil and the main actors in Liansu futures market have brought some support to the spot market, the spot follow-up is weak. At present, the market lacks obvious advantages, the terminal demand is weak, the downstream market entry enthusiasm is not good, the merchant shipments are general, mostly profit making shipments, and the overall market is weak.

Recently, Liansu futures fluctuated upward, bringing phased benefits to the spot market. On December 27, the opening price of polyethylene futures 2205 was 8598, the highest price was 8660, the lowest price was 8376, the closing price was 8382, the former settlement price was 8585, the settlement price was 8513, down 203, down 2.36%, the trading volume was 484021, the position was 247967, and the daily position was increased by – 8794. (quotation unit: yuan / ton)

On the whole, the market supply has not changed much, the demand is weak, the downstream market entry enthusiasm is not high, the market trading atmosphere is poor, the merchant mentality is general, and it is mainly to make more profits and ship goods. However, the petrochemical enterprises are relatively strong and the cost support is acceptable. It is expected that the PE spot market will continue to be dominated by weak consolidation in the short term.