The Demand was Lower than Expected, and the Overall PE Market Weakened in China in August_The Demand was Lower than Expected, and the Overall PE Market Weakened in China in August

The Demand was Lower than Expected, and the Overall PE Market Weakened in China in August

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June 2, 2024

According to Todudu data monitoring, the domestic LLDPE (7042) price was RMB 8125.71 per ton on August 1, and the average price was RMB 7958.57 per ton on August 31, a monthly decrease of 2.06%, and a decrease of 8.34% compared with that of July 1st.

According to the monitoring of the data of TuoDu, the average price of LDPE (2426H) ex-works on August 1 was RMB 1050.00/mt, and on August 9, 2019 it was RMB 9,516.67/mt. It fell 5.31% in the month of August 31 and 12.96% from July 1st.