According to the monitoring of the commodity market analysis system of Business Society, the domestic price of LLDPE (7042) was 8202 yuan/ton on March 18, and the average price on March 22 was 8238 yuan/ton, with a price increase of 0.44% during the period.
According to the monitoring of the commodity market analysis system of Shengyishe, the domestic price of LDPE (2426H) was 9257 yuan/ton on March 18th, and the average price on March 22nd was 9277 yuan/ton, with a 0.22% increase in quotation during this period.
According to the monitoring of the commodity market analysis system of Shengyishe, the domestic price of HDPE (5000S) was 8450 yuan/ton on March 18th, and the average price on March 22nd was 8450 yuan/ton. During this period, the quotation remained stable.
The price of polyethylene has slightly increased this week. International oil prices rose first and then fell, and the cost side was significantly boosted at the beginning of the week; Some polyethylene companies have maintenance plans, reducing supply side pressure. Downstream plastic enterprises are gradually increasing their production and demand is increasing. Among them, plastic film is in the peak season of demand, and the accumulation of orders is increasing, with positive expectations for demand.
On March 22nd, the polyethylene l2405 contract on the Dalian Commodity Exchange opened at 8321 yuan and closed at 8238 yuan, a decrease of 83 yuan, with a maximum of 8339 yuan and a minimum of 8218 yuan, a decrease of 1.00%. This week, the overall polyethylene futures market is relatively strong, and the market is turning weaker towards the weekend.
The maintenance of polyethylene equipment may continue to increase, and the supply side is expected to decrease; The demand for plastic film is in its peak season, and it began to weaken in late April. Currently, downstream orders are still in stock; The economic situation is improving, boosting market sentiment, and it is expected that polyethylene will have a narrow and strong trend.
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