According to the monitoring data of Business Wire, the average ex-works price of LLDPE (7042) in East China was RMB 7,850.00/ton on January 31 and RMB 7,983.33/ton on February 3, up 1.70% year-on-year; the increase was 1.27%.On January 31 (2426H) RMB 10,712.50/ton, and RMB 10,812.50/ton on February 3, East China's LDPE ex-factory average price rose 0.93%, down 2.81% from January 1. January 31 East China HDPE (5000S) ex-factory average price of 8033.33 yuan / ton, February 3 for 8200.00 yuan / ton, compared with January 1 rose 2.07% and 0.41%.

In January, three types of polyethylene spot prices fell first and then rose. According to Tudou data, East China's LDPE fell most significantly, the first 10 days of January fell about 400 yuan / ton. East China HDPE fell about 200 yuan / ton, East China LDPE fell the least, about 100 yuan / ton.

At the end of January, all three major spot stocks stopped falling. At the end of January, linear futures prices rose, significantly boosting the market. Merchants raised their initial estimates and eventually the enthusiasm for inquiries increased. Influenced by the Chinese New Year, the overall market trading atmosphere improved with downstream pre-holiday restocking as the festival approached. Sinopec's inventory digestion went smoothly, market supply was tight and Sinopec's ex-factory price continued to rise. A little.

Resso futures prices spiked at the end of January, giving the market a significant uptick. In February this year, most of the prices continued to rise, the supply side pressure is not big, the overall inventory of manufacturers is low, part of the supply is tight, the market price is relatively firm. February 3, polyethylene futures 2105 opening price of 7880, the highest price of 7995, the lowest price of 7835, closing price of 7980, the former settlement price of 7860, settlement price of 7905, up 120 lots. Gained 1.53%, turnover 307, 188 hands, positions 321, 199 hands, an increase of 22, 041 hands. (Quotation unit: yuan / ton)

In February this year, the overall trend of Lesotho futures market is weak, the spot market is limited. At present, some petrochemical companies ex-factory prices rose slightly, but the market trading atmosphere is general. With the approach of the Lunar New Year, the demand for pre-holiday restocking of cell phones is basically over. Now there is a general enthusiasm in the market to enter the market. Later, as downstream factories go on vacation, the market demand gradually weakened, the spirit of enterprises was impaired, and some market prices slowed down. It is expected that China's polyethylene market will be dominated by weak consolidation in the short term.

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