According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of LLDPE (7042) was 8446 yuan/ton on October 23, and the average price was 8466 yuan/ton on October 30, with a price increase of 0.24% during this period.
According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of LDPE (2426H) was 10916 yuan/ton on October 23, and the average price was 10866 yuan/ton on October 30, during which the quotation fell by 0.46%.
According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of HDPE (2426H) was 8500 yuan/ton on October 23, and the average price was 8475 yuan/ton on October 30, with a price drop of 0.29% during this period.
As the end of the month approached, polyethylene showed a weak overall trend with narrow adjustments. In order to promote transactions, merchants actively offered discounts and shipped goods. On the supply side, petrochemical companies have reduced maintenance and supply is loose. On the demand side, the downstream demand for agricultural film is in the peak season, but the operating rate is still at a low level during the same period, and the support is insufficient. Crude oil has fluctuated and declined, and cost support has loosened. The market lacks effective positive factors, and it is expected that polyethylene will experience a weak and narrow adjustment.
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