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Review of the Domestic PE Plastic Raw Material Market


The domestic PE market has been continuously declining this month, and it was consolidated at the end of the month. At the beginning of the month, although linear futures strengthened, the support for the spot market was limited. Subsequently, petrochemical companies gradually lowered their factory prices, causing the spot market to gradually become empty. At the same time, downstream demand continued to be weak, and procurement of raw materials was mostly in demand, resulting in obstacles for merchants to ship goods, with most of the falling orders. At the end of the month, petrochemical prices remained mostly stable, with a lack of market guidance and weak buying and selling enthusiasm. Merchants were mostly cautious in their offers. The monthly average price of LLDPE for this month was 9639 yuan/ton, a decrease of 1.42% month on month and a year-on-year increase of 2.27%. The monthly average price of LDPE is 9727 yuan/ton, a decrease of 2.61% month on month and 3.8% year-on-year. Except for injection molding, HDPE prices have fluctuated, while the prices of other products have all decreased, with ranges ranging from 100 to 300 yuan/ton.

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Review of the Domestic PE Plastic Raw Material Market

The domestic PE market has been continuously declining this month, and it was consolidated at the end of the month. At the beginning of the month, although linear futures strengthened, the support for the spot market was limited.