According to the data monitoring of the business agency, the domestic price of LLDPE (7042) was 7840 yuan / ton on August 21, and the average price was 7875.71 yuan / ton on August 29. The increase rate in the week was 0.46%, down 9.30% compared with July 1.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) was 9783.33 yuan / ton on August 21 and 9516.67 yuan / ton on August 29, with a decrease of 2.73% in the week and 12.96% compared with July 1.

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) was 8516.67 yuan / ton on August 21, and 8450 yuan / ton on August 29, with a decrease of 0.78% in the week and 10.27% compared with July 1.

This week, the overall trend of the domestic polyethylene market is weak, and the three spot varieties have different ups and downs, with a fluctuation range of 50-350 yuan / ton. Among them, LLDPE showed an upward trend, while LDPE and HDPE prices fell. During the week, the international crude oil market fluctuated and rose, which brought certain support to the market in terms of cost. However, the market supply has increased, and the start-up of Shanghai Petrochemical and other units has brought certain negative effects. In terms of demand, many places are affected by the high temperature, the increase of downstream orders is limited, the market trading atmosphere is weak, and the mentality of merchants is negative. Only a few brands have increased, and most of the others have decreased.

On August 29, the opening price of polyethylene futures 2301 was 7735, the highest price was 7786, the lowest price was 7666, the closing price was 7690, the previous settlement price was 7677, the settlement price was 7725, up 13%, the trading volume was 387642, the position was 318297, and the daily increase was 2584. (quotation unit: yuan / ton)

Although the current international crude oil market is still rising, the support brought by the cost is relatively limited. The overall supply of polyethylene market has increased, but the follow-up of downstream demand is limited, and the market trading atmosphere is weak, still dominated by weakness. It is expected that the PE spot market may still decline slightly in the short term.