According to Todudu, LLDPE, LDPE and HDPE monitoring, East China showed a clear upward trend in June. Among them, East China LLDPE trend zigzag, LDPE trend zigzag, HDPE trend continues to rise. The overall trading atmosphere in the market in June was favorable. Three major PE varieties prices rose between 250-900 yuan / ton. Among them, East China's LDPE is the most prominent performance, the monthly increase of 8.09%.

PE market prices in June were mainly up, up 250-900 yuan per ton. Key factors for the increase include: 1. Increased maintenance and reduced market supply in June brought favor to the region. Data showed that domestic PE equipment lost about 280,000 tons in June due to repairs. 2. Higher international oil prices and an improving market, as well as feedstock ethylene, brought solid support to the PE market. On the cost side, 3. Strong performance of Resso futures boosted market sentiment. However, due to seasonal factors, the agricultural film start rate was around 15%, the demand for ground film was off-season, the demand for shed film was stagnant, and the final demand was average. But in general, there are many positive factors in June, the ex-factory prices of petrochemical companies continue to rise, and prices continue to rise.

At present, factories are more cautious about high downstream prices. However, the maintenance season is not yet over, and equipment repairs at some plants have brought support to the region. The downstream has gradually resumed operation and production, the start rate is significantly higher than in the previous period, and the market demand is showing signs of recovery. Internationally, crude oil and ethylene are trending well, and the cost benefits outweigh the disadvantages. PE market is expected to continue to rise in July.

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