According to the monitoring of the data of TuoDu, the average price of LLDPE (7042) ex-factory in East China was RMB 816.67/mt, and it was RMB 813.33/mt on December 25, which was down by 0.41% during the week, and down by 2.01% compared with that of the beginning of the year. That year.The average price of LDPE (2426H) ex-works in East China was RMB 11,537.50/mt on December 21, and RMB 11,387.50/mt on December 25, down 1.30% during the week, and down 7.98% from the beginning of the year on December 1 .The average price of HDPE (5000S) ex-works in East China was RMB 836.67/mt on December 21, and on December 25, it was 826.67 yuan / ton, down 1.20% during the week, compared with December 1 at the beginning of the month, down 4.98%.

Last week, the overall trend of the PE spot market was negative, the following behavior was dominated by the three spot prices fell to varying degrees. According to todudu data monitoring, East China LDPE 2426H prices fell the most, down about 200 yuan per ton. East China HDPE 5000S prices fell by about RMB 100 per ton. Linear varieties, mainly horizontal finishes, changed the least.

Negative factors dominated this week, the market trend is weak. First, in terms of international crude oil, crude oil fell during the week, bringing negative news to market sentiment. Next, the futures market showed a downward trend for a consecutive week, dragging down the trading atmosphere in the spot market. On the demand side, downstream factories were mostly affected by environmental protection and production restrictions, and acceptance was not high. With supplementary demand as the main focus, the enthusiasm to enter the market was general, and the trading atmosphere in the market was slightly light. Petrochemical companies ex-factory prices were slightly reduced, the market supply cost support is weak, merchants are pessimistic, shipments are blocked, and the overall price is weak.

December 25, polyethylene futures 2105 opening price of 7885, the highest price of 7905, the lowest price of 7660, closing price of 7665, the former settlement price of 7850, settlement price of 7790, down 185. down 2.36%, turnover and positions reached 394, 332 hands, the average daily volume of positions increased by 5, 608 hands to 224, 014 hands. (Estimated unit: yuan / ton)

Downstream factories are affected by environmental protection, resulting in a sharp decline in the start rate, demand has fallen sharply. However, from the supply perspective, the current market is relatively well supplied. Due to the weak trend of the futures market and lack of cost support, the PE spot market is weak, and the current market decline is small. China's polyethylene market is expected to continue to decline in the short term.

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