According to Todudu data monitoring, the domestic LLDPE (7042) price was RMB 8,412/mt on Dec. 1, and the average price was RMB 8,392/mt on Dec. 30, down 0.24% and up 0.69%. Since November 1st.

According to the data of Toto, the average price of LDPE (2426H) ex-works was RMB 9333/mt on December 1, and RMB 9100/mt on December 30, down 0.25% year-on-year, and down 5.21% from November 1, according to the data of Toto.

According to todudu data monitoring, the average ex-works price of HDPE(5000S) was RMB 8400/mt on Dec. 1, and the average ex-works price was RMB 8466/mt on Dec. 30, which was up 0.79% year-on-year, and 1.2% higher than that of Nov. 1, according to the data monitoring of todudu.

December domestic polyethylene prices were mixed. Among them, LLDPE is estimated to be mixed, with a slight overall decline. LDPE is estimated to have declined in the first half of the month, rising slightly since the middle of the month and then remaining strong. Mid-month offer; crude oil prices were weak at the beginning of the month, and the domestic polyethylene market was sluggish due to the relaxation of domestic epidemic prevention and control policies. Downstream companies' start rates rose slightly, with some models quoted higher at the end of the month. Petrochemical companies' price adjustments were limited, manufacturers' prices were strong and some models' prices fell. Utilization of agricultural films declined and demand for greenhouse films was slow. Some manufacturers continued to operate packaging films and pipes on a per-order basis, but orders were reduced due to low demand.

December 30, polyethylene futures 2305 opening price of 8045, the highest price of 8170, the lowest price of 8011, closing price of 8159, the former settlement price of 8080, settlement price of 8078, up 79, volume of 316,995, positions 33,877, a daily increase of 6983. (Estimated unit: yuan / ton)

On the cost side, the center of gravity of crude oil fell, the impact on the domestic polyethylene market is limited. On the demand side, the downstream business operating rate was weak due to domestic public events; on the supply side, downstream orders were generally low, and many maintenance facilities restarted, with a slight rebound in production. The polyethylene spot market is expected to be weak and stable.

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