According to the data monitoring of the business agency, the average ex factory price of LLDPE (7042) in East China was 8250.00 yuan / ton on August 8 and 8283.33 yuan / ton on August 13, with an increase of 0.40% during the week and 0.40% compared with August 1.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 10575.00 yuan / ton on August 8 and 10712.50 yuan / ton on August 13, with an increase of 1.30% during the week and 1.06% compared with August 1.

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 8900.00 yuan / ton on August 8 and 8866.67 yuan / ton on August 13. The decline rate during the week was 0.37%, down 2.92% compared with August 1.

In the second week of August, the three PE spot varieties mainly rose, and only HDPE decreased, but the range was not large. LLDPE and LDPE continued to rise, while HDPE continued to be weak. LDPE rose most prominently this week, with limited changes in LLDPE and HDPE. On the whole, the polyethylene market is still rising. This week, Sinopec adjusted the ex factory price, mainly rising, and the cost support was strengthened. Some have been reduced, and the range is controlled within 100 yuan / ton. Affected by the maintenance plan of Shenhua Yulin in the middle of the year, the market hype atmosphere is obvious, and the price rises. However, the downstream has limited ability to accept high prices and is not active in entering the market. It maintains replenishment on demand. The overall transaction atmosphere of the market is general, and the negotiation mode is continued.

The upstream ethylene market, the ethylene market, and the recent external ethylene market showed a downward trend as a whole. The ethylene market price in Asia continued to decline. As of the 12th, CFR Northeast Asia closed at USD 926-936 / T and CFR Southeast Asia closed at USD 961-971 / T. European ethylene market prices fluctuated and consolidated. As of the 12th, FD northwest Europe closed at US $1368-1375 / T and CIF northwest Europe closed at US $1255-1263 / T. The price of ethylene in the United States fell sharply. As of the 12th, the price was $894-911 / ton. Recently, the overall external ethylene market showed a downward trend. The recent decline of ethylene in the United States was large, and ethylene in Asia also fell by $20 / ton for two consecutive days. Generally speaking, the demand of the whole ethylene external market has been poor recently, the market trading atmosphere is cold, and the overall focus of the ethylene market has shifted downward.

The continuous rise of Liansu futures brought benefits to the spot. On August 13, the opening price of polyethylene futures 2109 was 8295, the highest price was 8380, the lowest price was 8270, the closing price was 8355, the former settlement price was 8275, the settlement price was 8325, up 80, or 0.97%, the trading volume was 250258, the position was 159329, and the daily position was increased by – 11721（ Quotation unit: yuan / ton)

In terms of supply, some manufacturers have overhauled the equipment, and the market supply has decreased. In terms of demand, the overall operating rate of the downstream has increased, and the demand for agricultural film has improved, but the demand for pipes is weak. And the futures duration trend is strong, and the crude oil price is at a high level. Overall, the positive factors in the market are obvious, and the PE spot market is expected to continue to rise in the short term.