According to the monitoring of TuoDu data, the average ex-works price of LLDPE (7042) in East China was RMB 7750.00 per ton on November 22, and RMB 8050.00 per ton on November 23, a daily increase of 3.87%, and a daily increase of 7.10. % Since November 1 of that year. Month. the average ex-works price of LDPE (2426H) in East China was RMB 11,300.00 per ton on November 22, and RMB 11,600.00 per ton on November 23, an increase of 2.65% on the same day, and an increase of 11.14% compared with that on November 1. At the beginning of the month. 8433.33 yuan / ton on November 22nd East China HDPE (5000S) ex-factory average price, November 23rd 8533.33 yuan / ton, up 1.19% on the day, up 2.40% from the beginning of November 1 .

In November, the three major PE spot and futures market overall upward trend. Among them, the spot market three varieties in a month showed a cyclical upward trend, while the futures market mainly in the first 10 days of weak performance, November 11 began to show an upward trend. Among them, high-pressure varieties led the rise. Among the rising varieties, the linear variety followed closely, while the low-pressure variety slightly followed the other two. One of the reasons for the rise is that the shutdown of equipment at Maoming Petrochemical and other enterprises affected the supply of high-pressure market, leading to a reduction in supply, and the lack of supply in the market led to a sharp rise in prices. Price. Secondly, the futures market continued to rise, obviously supporting the trading atmosphere in the spot market. In recent years, international crude oil and ethylene prices have continued to rise, bringing some favor to the market. Petrochemical plant prices are mainly rising, the attitude of enterprises has improved, and market prices are also rising.

In terms of the upstream ethylene market, the Asian ethylene market prices rose sharply, demand improved and the atmosphere became more active, leading to a sharp rise in the market.

On the demand side, agricultural film starts declined, as did greenhouse film demand, due to poor off-season price support. However, continued gains in the futures market supported optimistic confidence in the sector. Rising crude oil and ethylene markets and strengthening cost support favored market sentiment. The polyethylene market in China is expected to grow in the near term.

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