According to Todudu data monitoring, the price of domestic LLDPE (7042) was RMB 7980.00 per ton on September 1, and the average price was RMB 8368.57 per ton on September 30, up 4.87% month-on-month and 2.99% month-on-month.1.

According to the top degree of data monitoring, September 1 LDPE (2426H) ex-factory average price of 9516.67 yuan / ton, September 9980.00 yuan / ton 30 yuan / ton, month-on-month increase of 4.87%, down 0.70% compared with August. 1.

According to the data of Tudou.com, the average ex-works price of HDPE(5000S) was RMB 8500/mt on September 1, and RMB 8416.67/mt on September 30, which is 0.98% lower than that of the previous month, and 3.81% lower than that of August 1, according to the data of Tudou.com.

In September, the domestic polyethylene spot market was relatively strong, dominated by LLDPE and LDPE, HDPE declined, but the magnitude is small. Overall, the first half of the three major varieties are strong, the second half of the weak. In the first half of the month, international crude oil prices weakened this week, but rising ethylene and coal prices provided firm support to the market. In addition, the start rate of agricultural film increased due to the peak season. Market turnover increased around the Mid-Autumn Festival. Petrochemical companies also raised their ex-factory prices, and operators' attitudes were favorable. In the second half of the month, market sentiment was negative as the decline in the international crude oil market deepened. Although orders from downstream factories increased, demand remained tight and supply was relatively abundant. The situation in the polyethylene market was poor, with prices falling to varying degrees.

On the raw material side, the international crude oil trend is weak, and the cost support is uncertain. On the supply side, polyethylene production increased in September, and the market was well supplied. However, on the demand side, market sentiment is favorable, and terminal demand is expected to increase in October. Ex-works prices of LLDPE petrochemicals also rose sharply at the end of this month. It is expected that China PE spot market will continue to rise in the future.

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