According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 9280.00 yuan / ton on April 1 and 9230.00 yuan / ton on April 8, with a decline of 0.54% during the week and an increase of 4.53% compared with March 1.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11850.00 yuan / ton on April 1 and 11950.00 yuan / ton on April 8, with an increase of 0.84% during the week and 2.87% compared with March 1.

According to the monitoring data of business agency, the average ex factory price of HDPE (5000S) in East China was 9850.00 yuan / ton on April 1, and 9916.67 yuan / ton on April 8, with a weekly increase of 0.68%, up 7.99% compared with March 1.

In April, the domestic polyethylene market was dominated by horizontal consolidation, and the overall fluctuation range was small. The trends of the three spot polyethylene varieties are different. The LLDPE market in East China weakened slightly, and the LDPE and HDPE markets rose narrowly. During the week, the international crude oil price was mainly volatile, and the positive support brought to the market was limited. However, at present, the maintenance enterprises of petrochemical manufacturers have increased and the market supply has decreased. In terms of demand, the downstream makes up on demand, and the market trading atmosphere is mild. The polyethylene spot market is relatively strong as a whole.

Liansu futures market fell this week, bringing limited support to the spot market. On April 8, the opening price of polyethylene futures 2205 was 9048, the highest price was 9078, the lowest price was 8891, the closing price was 8980, the former settlement price was 9126, the settlement price was 8985, down 146, or 1.78%, the trading volume was 356482, the position was 193392, and the daily increase was – 14721. (quotation unit: yuan / ton)

At present, with the arrival of the peak maintenance season in the market, some production enterprises begin maintenance, and the market supply has decreased. In terms of demand, some areas are affected by public health events, downstream construction is limited, and multi-dimensional steel holding needs replenishment. The price of international crude oil market fluctuates, and the benefits brought by cost are limited. It is expected that the price of polyethylene in the spot market may fall slightly in the short term.