According to the data monitoring of the business agency, the domestic price of LLDPE (7042) was 8125.71 yuan / ton on August 1, and the average price was 7958.57 yuan / ton on August 31, with a decrease of 2.06% within the month and 8.34% compared with July 1.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) on August 1 was 10050.00 yuan / ton, and the average price on August 31 was 9516.67 yuan / ton, with a decrease of 5.31% within the month and a decrease of 12.96% compared with July 1.

According to the data monitoring of the business agency, the average ex factory price of HDPE (5000S) was 8750 yuan / ton on August 1, and 8450 yuan / ton on August 31, with a decrease of 3.43% in the month and 10.27% compared with July 1.

In August, the overall trend of the domestic market in the polyethylene market was weak, and the three spot varieties were lowered to varying degrees. Among them, LLDPE rose at the end of the month, while the prices of LDPE and HDPE continued to fall within the month. In terms of cost, the international crude oil market fluctuated in August, bringing limited support to the market. During the month, the market supply increased, and the start-up of units such as Shanghai Petrochemical and Maoming Petrochemical brought certain negative effects. In terms of demand, due to the impact of high temperature limit in some areas, the increase of downstream orders is limited. In addition, the demand of agricultural film market is not as expected, and the benefits are limited. The overall trading atmosphere of the market is weak, the mentality of the merchants is general, and the prices are mostly low.

On August 31, the opening price of polyethylene futures 2301 was 7700, the highest price was 7741, the lowest price was 7624, the closing price was 7660, the previous settlement price was 7735, the settlement price was 7692, down 75, the trading volume was 355888, the position was 339030, and the daily increase was 7347. (quotation unit: yuan / ton)

On the last day of the end of the month, the international crude oil market was significantly lowered, and the cost was negative. In the later period, with the restart of the manufacturer’s equipment, the overall supply of polyethylene market is expected to increase. However, in terms of demand, September is about to usher in the traditional peak season. The demand for agricultural film is expected to grow, and the market trading atmosphere may improve. It is expected that the PE spot market may stop falling and rise in September.