According to Rabbit Doodle Bulk Products Market Analysis System monitoring, the domestic LLDPE (7042) price on December 18 was RMB 8,158 per ton, and the average price on December 22 was RMB 8,200 per ton. The asking price rose 0.51% during the period.

According to the monitoring of Rabbit Doodle Bulk Products Market Analysis System, the domestic LDPE (2426H) price was RMB 9,075 per ton on December 18th, and the average price was RMB 9,075 per ton on December 22nd. During this period, the estimate was temporarily stable.

According to the monitoring of Todudu Bulk Products Market Analysis System, the domestic price of HDPE (5000S) was RMB 8,575 per ton on December 18th, and the average price was RMB 8,500 per ton on December 22nd. During the same period, the stock price fell 0.87%.

Polyethylene prices fluctuated last week, and LLDPE prices also showed a slight upward trend. LDPE prices were basically stable, and HDPE prices declined slightly. International crude oil prices rose, providing solid support for the polyethylene market from a cost perspective. Enterprises are not repairing much equipment, mainly for short-term repairs, and the supply of polyethylene is sufficient. In recent years, the utilization rate of packaging film enterprises has been improving, and the demand for orders improved slightly, especially affected by holiday demand. Agricultural film off-season, downstream market demand is poor.HDPE prices fell due to the obvious pressure on the supply side and weak demand.

December 22, Dalian Commodity Exchange polyethylene L2405 contract opened at 8220 yuan, closed at 8240 yuan, up 30 yuan. The highest price of 8279 yuan, the lowest price of 8186 yuan, up 0.37%. This week, the futures trend is strong, driving the polyethylene market higher.

LLDPE price trends are rising due to costs and recent strong futures trends. Generally, demand is mainly sticky and the market is allowing low levels to trade. Growth in other varieties is limited and remains mainly weak. Polyethylene is expected to move in a narrow range.

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