According to Todudu data monitoring, the domestic LLDPE (7042) price was RMB 8182.86 per ton on September 19th, and the average price was RMB 8175.71 per ton on September 23rd, a weekly decrease of 0.09%, and an increase of 0.62% compared with that of August.1.

According to the monitoring of TuoDu data, the average price of LDPE (2426H) ex-works was RMB 10200.00/ton on September 19th, and RMB 10100.00/ton on September 23rd, down 0.98% during the week, and up 0.50% compared with August 1st.

According to the data monitoring of Tudou.com, the average ex-works price of HDPE(5000S) was RMB 8600/ton on September 19th, and RMB 853.33/ton on September 23rd, a decrease of 0.78% compared with the same period last year. Compared with August 1, the week fell 2.48%.

Last week (September 19 to 23), the domestic PE spot market was weak, the three major spot varieties fell, but the fluctuation was relatively limited. LLDPE fell first and then rose, LDPE and HDPE were stable first and then fell. The market was obviously weak this week. On the cost side, the fall in international crude oil prices was a major factor that brought bad news. Most petrochemical companies cut their ex-factory prices. On the demand side, orders from downstream factories increased, but the rigidity of demand still dominated, and the trading atmosphere in the market was average. On the supply side, the enterprises' equipment was not stopped this week, and the market was well supplied.

From September 19 to 23, Reso futures market fell first and then rose, the decline was greater than the increase. September 23, PE futures 2301 opening price of 8150, the highest price of 8168, the lowest price of 8020, closing price of 8037, before the settlement price of 8067, settlement price of 8087, a decline of 30. Volume of 38,321 hands, position volume of 397,233 hands, a daily increase of-1411 hands. (Quotation unit: yuan / ton)

In terms of raw materials, international crude oil stopped falling and rebounded on the 22nd, and the cost was relatively favorable. Some LLDPE companies raised prices, but the range was small. On the demand side, with the National Day holiday approaching, it is expected to supplement downstream supply before the holiday. On the supply side, the market is relatively abundant at present. In the short term, it is expected that China's PE spot market will still have limited adjustment.

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