According to Todudu data monitoring, the domestic LLDPE (7042) price was RMB 8374 per ton on November 7, and the average price was RMB 8370 per ton on November 11, down 0.05% in the same period, and up 4.89% compared with that of September 1, the price of LLDPE (7042) was RMB 8374 per ton on November 7, and the average price was RMB 8370 per ton on November 11, down 0.05% in the same period.

According to the monitoring of TuoDu data, the average price of LDPE (2426H) ex-works was RMB 9,633/mt on Nov. 7th and RMB 9,633/mt on Nov. 11th. The price trend was stable during the period, up 1.23% from September 1st.

According to the monitoring of the data of TuoDu, the average price of HDPE (5000S) ex-factory on November 7 was RMB 8,366/ton, and the price was stable during the period, which decreased by 1.57% to RMB 8,366/ton on November 10 compared with that on September 1.

Last week, the overall trend of domestic polyethylene spot market prices were stable, LLDPE first rose and then fell.LDPE at the beginning of the week, HDPE trend to stabilize. International crude oil futures prices fell on the 7th, posing a negative factor for the market. On August 8, domestic polyethylene spot prices were slightly adjusted, and petrochemical companies generally showed fixed prices. On the supply side, the total output of polyethylene increased this week compared with last week. There was resistance to price increase. The enthusiasm to enter the market weakened, trading slowed down, and sample stocks of polyethylene manufacturers increased slightly. On the demand side, the overall start rate of downstream industries, including agricultural film, packaging film and pipes, showed a downward trend from last month. With the peak season approaching, the Double 11 e-commerce festival increased consumer demand.

On the basis of the current commodity, the international crude oil futures prices rose on November 10, providing some support for costs. On the demand side, the gradual end of the agricultural movie season brought some negative impact. Most of the downstream enterprises maintained on-demand replenishment with little incentive. PE spot market in China is expected to fluctuate mainly in a narrow range.

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