According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 8890.00 yuan / ton on March 21 and 8990.00 yuan / ton on March 28, with an increase of 1.12% and 0.90% compared with February 1.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11566.67 yuan / ton on March 21 and 11750.00 yuan / ton on March 28, with an increase of 1.58% and a decrease of 2.99% compared with February 1.

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 9616.67 yuan / ton on March 21 and 9716.67 yuan / ton on March 28, with an increase of 1.04% and 8.36% compared with February 1.

This week, the overall PE spot market showed a phased upward trend, and the three varieties increased to varying degrees, but the overall fluctuation was limited. International crude oil rose during the week, bringing obvious support to the market in terms of cost. In some areas of petrochemical enterprises, the ex factory price is increased by a narrow margin, and the downstream maintains replenishment on demand. The market trading atmosphere is general, but the upstream mentality is strong, and the price is mainly adjusted with the increase.

During the week, Liansu futures market surged, bringing positive support to the spot market. On March 28, the opening price of polyethylene futures 2205 was 9100, the highest price was 9275, the lowest price was 9075, the closing price was 9219, the former settlement price was 9098, the settlement price was 9182, up 121, or 1.33%, the trading volume was 433467, the position was 280180, and the daily position was increased by 1019. (quotation unit: yuan / ton)

At present, the international crude oil decline has brought limited support to the market. In terms of supply, the PE market has decreased, and the downstream demand is relatively weak. Multidimensional holding makes up on demand and general enthusiasm for entering the market. It is expected that the price of PE spot market may fall in the short term.