According to the monitoring of the commodity market analysis system of Shengyishe, the domestic price of LLDPE (7042) was 8642 yuan/ton on June 3, and the average price on June 7 was 8628 yuan/ton, with a price drop of 0.17% during the period.
According to the monitoring of the commodity market analysis system of Business Society, the domestic price of LDPE (2426H) was 9962 yuan/ton on June 3, and the average price on June 7 was 10062 yuan/ton, with a price increase of 1.00% during the period.
According to the monitoring of the commodity market analysis system of Business Society, the domestic price of HDPE (5000S) was 8787 yuan/ton on June 3, and the average price on June 7 was 8762 yuan/ton, with a decrease of 0.28% in the quotation during this period.
The price of polyethylene has fluctuated this week. The quotation for high-voltage products is relatively strong, with prices showing an upward trend; Linear and low-voltage product quotations have weakened, with prices slightly rising towards the weekend. Supply: In May, the polyethylene plant was in a peak maintenance period, with a low on-site operating rate. Some product grades were affected by the previous shutdown and maintenance situation, resulting in tight supply and strong quotations. It is expected that the polyethylene parking and maintenance equipment will restart in June, with an increase in supply expectations. On the demand side, agricultural film enters the off-season of production; The operating rate of pipes has decreased; The overall follow-up of downstream orders is slow, with downstream rigid demand mainly being purchased and insufficient support for polyethylene. On the cost side, international crude oil prices have loosened, and polyethylene futures have been suppressed.
On June 7th, the polyethylene l2409 contract on the Dalian Commodity Exchange opened at 8528 yuan and closed at 8544 yuan, up 38 yuan, with a maximum of 8609 yuan and a minimum of 8523 yuan, up 0.45%. This week, polyethylene futures weakened first and rose slightly towards the weekend.
This week, petrochemical companies have a strong mentality of price support, with some varieties offering stronger prices and rising prices. Traders have slightly offered discounts to ship. Expected increase in supply side in June; The demand side is in the off-season, and the market demand is average; 4. In May, the price of polyethylene products continued to rise, and downstream resistance to high prices was strong. Market transactions were difficult to increase, and it is expected that polyethylene may fluctuate and weaken.
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