According to Todudu product market analysis system monitoring, as of July 7, the domestic LLDPE (7042) price was RMB 8,064 per ton, and the average price on July 14 was RMB 8,157 per ton. During the same period, the stock price rose 1.15%.

According to Todudu product market analysis system monitoring, July 7 LDPE (2426H) ex-works average price of 8687 yuan / ton, July 14 average price of 8850 yuan / ton, an increase of 1.87%.

According to the monitoring of Doudou Product Market Analysis System, the average ex-works price of HDPE (5000S) was RMB 9,137/mt on July 7th, and the average price was RMB 9,250/mt on July 14th. During the same period, the stock price rose 1.23%.

Polyethylene prices continued to rise last week. On the cost side, the short-term rise in crude oil prices supported the rise in polyethylene prices. On the supply side, there were more domestic parking, repair and renovation operations in July. This week's supply side was slightly lower than last week's, mainly due to the increment of petrochemical plants. On the demand side, July is the off-season, and the downstream purchases on demand.

Macroeconomic sentiment was favorable last week, providing some support for the polyethylene market. There is room for international oil prices to rise this week, but there is no significant change in polyethylene supply. Polyethylene is expected to rise mainly in a narrow range.

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