According to the monitoring of Todudu product market analysis system, the domestic LLDPE (7042) price was RMB 8,035/mt on July 1, and the average price was RMB 8,185/mt on July 30th. The asking price rose 1.87% in the same period.

According to the Rabbit Doodle product market analysis system monitoring, July 1 LDPE (2426H) ex-factory average price of 8600 yuan / ton, July 30 average price of 8937 yuan / ton, up 3.92%. Period.

According to the monitoring of DouDou product market analysis system, the average price of HDPE (5000S) ex-works on July 1 was RMB 9,087/mt, and the average price on July 30 was RMB 9,307/mt. The asking price rose 2.42% in the same period.

Polyethylene (PE) prices rose in July. In terms of cost, crude oil prices fluctuated, the price of polyethylene has a certain supportive role. Supply: Domestic local supply of polyethylene decreased due to increased use of temporary parking, repairs, renovations, and equipment maintenance. Trading prices with petrochemical companies also increased. On the demand side, demand for agricultural films and pipes entered the off-season, with rigid purchasing dominating the market. Expectations of increased demand for agricultural film in mid-to-late July strengthened market confidence.

July polyethylene futures market is dominated by shocks, an upward trend, a certain positive impact on the spot market.

Domestic polyethylene repair and renovation is expected to gradually resume from August, the supply pressure is expected to increase, polyethylene is expected to oscillate up.

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