According to the monitoring of Todudu Product Market Analysis System, the price of domestic LLDPE (7042) was RMB 8014 per ton on June 1st, and the average price was RMB 8035 per ton on June 29th. During the same period, the stock price rose 0.27%.

According to the monitoring of Rabbit Doodle Product Market Analysis System, the average price of LDPE (2426H) ex-works was RMB 8,120/mt on June 1, and RMB 8,600/mt on June 29, which was 5.91% higher than that on June 29, 2019. Time.

According to Doudou Commodity Market Monitoring and Analysis System, the average price of HDPE (5000S) ex-works on June 1 was RMB 8,937/mt, and the average price on June 29 was RMB 9,087/mt. Up 1.68%.

In June, polyethylene prices rose slightly, of which LDPE prices rose sharply, LLDPE prices rose slightly, HDPE prices rose slightly. News of the Fed halting interest rate hikes and domestic interest rate cuts in June boosted macroeconomic sentiment and provided some support to polyethylene prices. Earlier in the month, higher crude oil prices favored the polyethylene market. In June this year, equipment maintenance intensified and repair losses increased. With little supply pressure in the market, manufacturers and traders continued to raise prices and LDPE prices rose sharply. Agricultural films are in the off-season, with limited order follow-through. As for pipelines, factory orders are gradually decreasing, and factories are not very enthusiastic about receiving goods. The market is dominated by on-demand purchases.

At present, the demand for polyethylene has entered the off-season, and the enterprise parking maintenance program is relatively concentrated. July is still the off-season for polyethylene demand, and polyethylene price fluctuations are expected to be weak.

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