According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of LLDPE (7042) was 8260 yuan/ton on August 20th, and the average price was 8260 yuan/ton on August 27th, during which the quotation remained stable.

According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of LDPE (2426H) was 10166 yuan/ton on August 20th, and the average price was 10283 yuan/ton on August 27th, with a price increase of 1.15% during this period.

According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of HDPE (5000S) was 8162 yuan/ton on August 20th, and the average price was 8137 yuan/ton on August 27th, with a price drop of 0.31% during this period.

Recently, the price of polyethylene has fluctuated with little fluctuation. High voltage products have experienced price increases due to equipment maintenance. Linear products and low-voltage products have weak and slight fluctuations. The rebound in international oil prices provides some support for the cost side. Polyethylene inventory has slightly increased, leading to increased supply pressure and slow consumption of petrochemical inventory. In terms of demand, downstream factories maintain a focus on rigid procurement and are cautious in their purchases. However, there has been no significant improvement in demand, which limits the upward momentum of product growth.

On August 27th, the polyethylene L2409 contract on the Dalian Commodity Exchange opened at 8180 yuan and closed at 8183 yuan, up 47 yuan, with a high of 8192 yuan and a low of 8164 yuan, up 0.58%.

There is an increasing trend in the supply side in September; The peak consumption season for demand side “golden September and silver October”. Both supply and demand are increasing, and it is expected that polyethylene will experience narrow fluctuations in the short term.