According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 9020.00 yuan / ton on May 8 and 8990.00 yuan / ton on May 18, with a decline of 0.11% and 3.12% compared with April 1.

 According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11816.67 yuan / ton on May 8 and 11566.67 yuan / ton on May 18, with a decline of 2.12% and 2.39% compared with April 1.

According to the data monitoring of the business agency, the average ex factory price of HDPE (5000S) in East China was 9850.00 yuan / ton on May 8 and 9850.00 yuan / ton on May 18. During this period, the price remained stable compared with April 1.

In the middle of May, the domestic polyethylene market was mainly consolidated, and the overall trend was weak. In June, the overall fluctuation range of polyethylene spot market in China was still small, and the three major varieties in East China fell steadily, among which the market prices of LLDPE and LDPE decreased, and the market price of HDPE remained stable. Last week, due to the limited positive factors in the market, the ex factory prices of petrochemical enterprises collectively reduced the ex factory prices. Later, with the strong rebound of international crude oil, it brought some positive support to the market, and the ex factory prices of the three varieties stopped falling and stabilized. However, at present, the overall transaction situation of the market is weak, and the downstream receiving strength is general, which brings obvious bad news to the market.

The recent upward shock in Liansu futures market has brought certain benefits to the spot market. On May 17, the opening price of polyethylene futures 2209 was 8682, the highest price was 8780, the lowest price was 8660, the closing price was 8719, the former settlement price was 8675, the settlement price was 8718, up 44, the trading volume was 356526, the position was 282330, and the daily position was increased by 904. (quotation unit: yuan / ton)

In the morning, international crude oil stopped rising and fell, and the cost side brought limited support to the market. At present, the negative factors in the market are obvious, the market supply continues to increase, the follow-up of terminal demand is insufficient, the market trading atmosphere is limited, and the social inventory pressure of polyethylene is large. It is expected that the polyethylene spot market will continue to be weak in the short term.