According to the monitoring of the commodity market analysis system of SunSirs, the average price of LLDPE (7042) on December 1st was 6,905 RMB/ton, and the average price on December 5th was 6,845 RMB/ton, a decrease of 0.87%. LDPE (2426H) had an average price of 9,000 RMB/ton on December 1st and 8,500 RMB/ton on December 5th, a decrease of 1.11%. HDPE (2426H) had an average price of 7,387 RMB/ton on December 1st and 7,312 RMB/ton on December 5th, a decrease of 1.02%.

Recently, polyethylene remains weak and difficult to change. Polyethylene supply continues to increase, inventory remains high, and there are not many planned maintenance units in December. The demand performance is flat, with many companies purchasing on demand and low enthusiasm for receiving goods. They adopt a wait-and-see and cautious attitude, and the overall downstream operating rate has declined. The demand for greenhouse film is gradually decreasing, the improvement in demand for plastic film is limited, and the packaging film industry is in the off-season. There is currently no positive news to stimulate, the fundamentals are weak, and market confidence is insufficient. It is expected that polyethylene will remain weak and difficult to change.

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