According to the monitoring of Todudu Product Market Analysis System, the price of domestic LLDPE (7042) was RMB 8,485/mt on September 8, and the average price on September 15 was RMB 8,507/mt. The asking price rose 0.25% in the same period.

According to the monitoring of Rabbit Doodle Product Market Analysis System, the average ex-works price of LDPE (2426H) was RMB 9,670/mt on September 8th and RMB 9,625/mt on September 15th. During this period, the asking price fell by 0.41%.

According to the monitoring of Rabbit Doodle Product Market Analysis System, the average ex-works price of HDPE (5000S) was RMB 9,312 per ton on September 8th, and the average price was RMB 9,287 per ton on September 15th. During this period, the asking price fell by 0.27%.

Last week, the rise and fall of polyethylene prices appeared mutually. High crude oil prices had a strong supportive effect on polyethylene prices. Polyethylene supplies increased slightly as corporate parking lots and maintenance facilities gradually reopened. Utilization of downstream products such as greenhouse films, plastic films, packaging films and pipes is expected to improve during the peak season. Increased orders and improved demand. The market is showing strong resistance to price increases and traders are easing their quotes.

On the futures front, plastics 2401 rose 0.8% on Sept. 15, giving the spot market a significant boost. /p Crude oil and coal costs were supported as polyethylene rose. Corporate parking and maintenance facilities are gradually reopening, and polyethylene supply is increasing. Demand is expected to increase and so are downstream inventories. For packaging films, demand is expected to increase due to the Mid-Autumn Festival and E-commerce festival. Polyethylene supply and demand continue to grow, polyethylene trend is strong, is expected to rise limited space.

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