Near the end of the month, the overall trend of the three major PE spot varieties is still weak. Among them, the ex factory price of LDPE in East China is still declining, with a one-day drop of 0.45% on the 30th. The general trend of LLDPE and HDPE in East China is stable, but the market quotation has declined. Here are the details:

According to the data monitoring of business news agency, the average ex factory price of LLDPE (7042) in East China was 8400.00 yuan / ton on April 25 and 8400.00 yuan / ton on April 30. The price of LLDPE (7042) was stable in the week, down 3.45% from April 1.

According to the data monitoring of the business association, the average ex factory price of LDPE (2426h) in East China was 11125.00 yuan / ton on April 25, and 11075.00 yuan / ton on April 30, with a decline of 0.45% during the period, 8.75% lower than that on April 1.

According to the data monitoring of the business association, the average ex factory price of HDPE (5000S) in East China was 9016.67 yuan / ton on April 25, and 9016.67 yuan / ton on April 30. The price was stable in the week, down 3.05% from March 1.

At the end of the month, the three major PE spot markets continued to be weak, of which LDPE market was the most obvious. The ex factory prices of petrochemical enterprises fell, while the ex factory prices of LLDPE and HDPE were mostly stable. With the arrival of the May Day holiday, upstream enterprises are actively de stocking. However, as the downstream agricultural film is in the off-season of demand, the terminal is cautious in taking goods, and most of them are replenished on demand. The overall market transaction atmosphere is weak, and the overall trend of spot is stable and falling.

Even plastic futures recently fell shock to the spot market to bring limited positive. On April 30, the opening price of polyethylene futures 2109 was 8170, the highest price was 8230, the lowest price was 8015, and the closing price was 8040. The former settlement price was 8170, the settlement price was 8100, down 130, or 1.59%. The trading volume was 485376, the position was 351689, and the daily increase was 8884（ Quotation unit: yuan / ton)

In terms of demand, the downstream agricultural film is still in the off-season, the market operating rate continues to fall, the pipe and packaging film are expected to grow slightly, and the downstream may enter the market for replenishment after the festival. Overall, the price of PE spot market is expected to rise slightly after the festival, but the range may be limited.