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China PE Prices slightly Increased Last Week (July 17-21)

  42
 June 3, 2024

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According to the monitoring of Todudu Product Market Analysis System, the domestic LLDPE (7042) price was RMB 8,157 per ton on July 14th, and the average price was RMB 8,171 per ton on July 21st. During the same period, the stock price rose 0.18%.

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According to the Rabbit Doodle product market analysis system monitoring, July 14 LDPE (2426H) ex-factory average price of 8,850 yuan / ton, the average price of 8,895 yuan / ton on July 21, up 0.51% over the same period last year. Time.

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According to the monitoring of DouDou product market analysis system, the average price of HDPE (5000S) ex-works on July 14th was RMB 9250/mt, and the average price on July 21st was RMB 9312/mt. The asking price rose 0.68% in the same period.

PE prices rose slightly last week. On the supply side, domestic PE equipment maintenance losses increased earlier this week. Temporary domestic PE stops, maintenance, improvements, centralized installations and maintenance increased, and reduced local supply supported PE prices. On the demand side, July is the off-season, and the downstream purchases on demand.

Later, domestic PE maintenance and improvement will gradually resume, supply pressure increases, and all aspects of support is insufficient. It is expected that PE vibration can be mainly adjusted.

If you have any questions, please feel free to contact toodududu (tdd-global@toodudu.com).

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