According to Todudu data monitoring, the domestic LLDPE (7042) price on August 1 was RMB 8125.71 per ton, and the average price on August 5 was RMB 8097.14 per ton. The weekly decline was 0.35%, down 6.75% from July.1.

According to the monitoring of the data of TuoDu, the average price of LDPE (2426H) ex-factory on August 1 was 10050.00 yuan/ton, and the average price on August 5 August 10 was 1016.67 yuan/ton, with a weekly increase of 0.66%. a decrease of 7.47% from July 1st.

According to the top of the data monitoring, August 1 HDPE (5000S) ex-factory average price of 8750 yuan / ton, August 5 8750 yuan / ton. Compared with 7, this week's prices remained stable Month 1 fell 7.08%.

The first week of August, the domestic polyethylene market as a whole remained stable, the three major areas of spot prices at 50250 yuan / ton narrow fluctuations. LLDPE fell slightly, LDPE rose slightly, HDPE remained stable. This week, the international crude oil market trend dominated, the cost of the market lack of support. At present, the market supply is relatively sufficient, but demand is weak. The downstream is mainly purchased on demand, and market transactions are limited. This week, the number of maintenance units increased and supply decreased slightly, leading to a relative rise in the market.

Currently, the international crude oil market is weak and the cost situation is poor. Market supply is expected to increase in the second half of the year and downstream demand is unlikely to improve significantly in the short term. Downstream major purchasing demand is tight, and market efficiency is limited. The domestic PE spot market is expected to continue to face resistance in the short term.

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