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 8097.14 yuan / ton on August 5. The decline rate in the week was 0.35%, down 6.75% compared with July 1.
| PVA |
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 5 was 10116.67 yuan / ton, with an increase of 0.66% in the week and a decrease of 7.47% compared with July 1.
According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) was 8750 yuan / ton on August 1 and 8750 yuan / ton on August 5. The price remained stable during the week, down 7.08% compared with July 1.
In the first week of August, the domestic polyethylene market remained stable on the whole, and the three spot varieties fluctuated in a narrow range, rising and falling, with a range of 50-250 yuan / ton. LLDPE decreased slightly, LDPE increased slightly and HDPE remained stable. During the week, the international crude oil market was mainly downward, and the cost brought insufficient support to the market. At present, the market supply is relatively sufficient, but the demand is weak. The downstream is mainly based on demand purchase, and the market transaction is limited. During the week, the number of maintenance devices increased and the supply decreased slightly, which brought relative benefits to the market.
On August 5, the opening price of polyethylene futures 2209 was 7842, the highest price was 7863, the lowest price was 7748, the closing price was 7787, the previous settlement price was 7939, the settlement price was 7808, and the decrease was 152. The trading volume was 354585, the holding volume was 276140, and the daily increase was – 1956. (quotation unit: yuan / ton)
At present, the international crude oil market is weak, and the cost is not good enough. In the later stage, the market supply is expected to increase, and there is no obvious improvement in the downstream demand in the short term. The downstream mainly focuses on just needed procurement, and the market benefits are limited. It is expected that there will still be resistance to the upward trend of the PE spot market in the short term.
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