According to the monitoring of the commodity market analysis system of SunSirs, the average price of LLDPE (7042) was 7,416 RMB/ton on July 11th, and 7,378 RMB/ton on July 18th, a decrease of 0.52%. LDPE (2426H) had an average price of 9,493 RMB/ton on July 11th and 9,383 RMB/ton on July 18th, a decrease of 1.16%. HDPE (2426H) had an average price of 8,067 RMB/ton on July 11th and 7,987 RMB/ton on July 18th, a decrease of 0.99%.

Recently, the polyethylene market has been volatile and weak. The crude oil market maintains a volatile trend, with limited guidance from the raw material side on the polyethylene market. In terms of device maintenance: According to data statistics, during the period from July 11th to 17th, the polyethylene device suffered a maintenance loss of approximately 116,900 tons, a decrease of 6,300 tons compared to the same period last week. The previous maintenance devices were gradually restarted, and the pressure continued to increase. The demand side is in the off-season, with limited market order follow-up and low operating rates. Purchasing is cautious and cautious, dragging down the polyethylene market on the demand side. Lack of confidence in the market and weakened prices.

Supply pressure remains; The demand boost is limited, and it is expected that polyethylene will mainly operate weakly.

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