According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 8960.00 yuan / ton on December 9 and 8820.00 yuan / ton on December 21. During this period, the price fell by 1.56%, down 1.12% compared with November 1.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11962.50 yuan / ton on December 9 and 11875.00 yuan / ton on December 21. During this period, the price fell by 0.73%, 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 9 and 8800.00 yuan / ton on December 21. During this period, the price remained stable, down 0.75% compared with November 1.

In the middle of December, the domestic polyethylene spot market moved down steadily, and the overall fluctuation range was small. LLDPE and LDPE showed a trend of falling first and then stabilizing, and HDPE was mainly stable during the period. In June, most of the ex factory prices of SINOPEC enterprises fell, with a reduction range of 50-150 yuan / ton. Liansu futures market surged, bringing phased benefits to the spot market. However, the recent decline of international crude oil is mainly due to limited cost support. At present, there are few favorable factors in the market, the terminal demand turns weak, the downstream market entry enthusiasm is limited, and the trading atmosphere is general. The merchant’s mentality is weak, mainly making profit and shipping, and the firm price focuses on a single discussion.

Recently, Liansu futures fluctuated upward, bringing phased benefits to the spot market. On December 21, the opening price of polyethylene futures 2201 was 8500, the highest price was 8612, the lowest price was 8489, the closing price was 8557, the former settlement price was 8509, the settlement price was 8556, up 48, or 0.56%, the trading volume was 85742, the position was 46743, and the daily position was increased by – 14016. (quotation unit: yuan / ton)

At present, the market supply has increased, but in terms of market demand, the demand for plastic film is in the off-season, the demand for plastic film is general, and the overall demand is limited. The volatile rise of Liansu futures market has brought certain benefits to the spot market. The international crude oil price is mainly weak. In general, there are insufficient positive factors in the market. It is expected that the PE spot market will be mainly sideways consolidation in the short term.