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 May 18 and 8860.00 yuan / ton on May 25, with a decline of 1.45% and 4.53% compared with April 1.

According to the monitoring data of East China News Agency, the average price of 1156 tons / may fell by 25.66% compared with the average price of 1136 tons / may, which fell by 25.67% in January.

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 9850.00 yuan / ton on May 18 and 9850.00 yuan / ton on May 25. During this period, the price remained stable compared with April 1.

This week, the overall weakness of the domestic polyethylene market decreased, and the three major varieties in East China fell to varying degrees. Among them, the prices of LLDPE and LDPE decreased significantly, and the market price of HDPE remained stable for the time being. With the completion of device maintenance of some manufacturers, the market supply has increased. However, in terms of demand, due to weak terminal demand, downstream factories maintain replenishment on demand, and the market trading atmosphere is general. At present, petrochemical inventory is at a high level. However, the international crude oil price is high, and the cost side has brought some support to the market and restrained some decline.

Recently, Liansu futures market fluctuated and fell, which brought limited support to the spot market. On May 25, the opening price of polyethylene futures 2209 was 8511, the highest price was 8575, the lowest price was 8474, the closing price was 8542, the former settlement price was 8534, the settlement price was 8522, up 8, the trading volume was 366059, the position was 335107, and the daily position was increased by – 9010. (quotation unit: yuan / ton)

At present, the international crude oil price is relatively high, and the cost side has brought some support to the market. However, the negative factors in the market are still obvious, the petrochemical inventory is at a high level, the supply is still expected to increase, and the terminal demand is weak. It is expected that the polyethylene spot market may still fall in the short term.