In the middle and late August (August 12-24), three types of PE in the spot market showed different up and down trends. East China LDPE, HDPE first stabilized and then rose, East China LLDPE first fell and then fell. Although the range is not large, it deviates from the trend of the other two varieties. Among them, high-pressure LDPE rose most significantly, with an overall increase of 3.94% from mid-August to the end of August. PE market declined, but the overall market remained stable.

According to Tudou.com, the average ex-factory price of LLDPE (7042) in East China was RMB 723.33/ton on August 12, and RMB 7200.00/ton on August 24, down 0.46% and up 0.47% compared with August 1, according to the statistics of Tudou.com.

East China LDPE (2426h) ex-factory average price of 8875.00 yuan / ton, up 3.94% year-on-year, up 6.80% to 9225.00 yuan / ton on August 12, August 24 9225.00 yuan / ton. One.

The average ex-works price of HDPE (5000S) in East China was RMB 8200.00/mt on August 12 and RMB 8300.00/mt on August 24, up 1.22% and 2.47% from August 1st.

From mid-August to the end of August, high and low pressure commodity PE rose between 100-400 yuan / ton, a linear bearish trend. Due to the tight supply and demand for high-pressure products, the growth rate was greater than other types. During this period, the sharp fluctuations of international crude oil provided important support for the market. After the price increase of major origins, merchants received offers and shipments, the market trading atmosphere stabilized.

At present, the utilization rate of agricultural film is increasing, greenhouse film demand is growing moderately, off-season film demand is mainly suspended, and downstream demand is expected to continue to increase. The current trend of international crude oil is still at a high level of shock, the impact on the market is relatively limited. Linear futures oscillated higher, providing some support to the market. The new device is scheduled to be put into production in mid to late August. Market supply is expected to increase with the completion of petrochemical plant maintenance, but short-term supply pressure is expected to be small. China PE market is expected to remain strong in the short term.

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