China PE Market was Narrow adjusted Last Week (August 7-11)
RexJonson 
25 
According to the monitoring of Todudu Product Market Analysis System, the domestic LLDPE (7042) price was RMB 8,257 per ton on August 7, and the average price was RMB 8,242 per ton on August 11th. The stock price fell 0.17% during the period.
According to the monitoring of Rabbit Tootsie's product market analysis system, the average price of LDPE (2426H) ex-factory on August 7 was RMB 9,012 per ton, and the average price ex-factory on August 11 was RMB 9,000 per ton. The stock price fell 0.14% during the period.
According to the monitoring of Rabbit Doodle Product Market Analysis System, the average price of HDPE (5000S) ex-works on August 7 was RMB 9,237/mt, and the average price on August 11 was RMB 9,187/mt. Over the same period, the asking price fell 0.54%.
Last week, polyethylene underwent a narrow adjustment. In terms of cost, international crude oil prices were on an upward trend last week, which had a certain supportive effect on polyethylene prices. Supply: Total domestic polyethylene supply remained unchanged, and production is expected to increase this week. Film demand is off-season and orders for greenhouse films are slow to follow up. Demand for bags and stretch film is good.
Polyethylene production is expected to increase this week and demand is expected to improve positively. Polyethylene is expected to be mainly affected by adjustments with little change.
Please feel free to contact toodududu (tdd-global@toodudu.com) with any questions.
April 1, 2024
March 27, 2024
March 27, 2024
March 27, 2024
March 27, 2024 
