According to the monitoring of the commodity market analysis system of SunSirs, the average price of LLDPE (7042) was 6,781 RMB/ton on December 9th and 6,670 RMB/ton on December 15th, a decrease of 1.65%. LDPE (2426H) had an average price of 8,800 RMB/ton on December 9th and 8,633 RMB/ton on December 15th, a decrease of 1.89%. The average price of HDPE (2426H) on December 9th was 7,312 RMB/ton, and on December 15th it was 7,162 RMB/ton, a decrease of 2.05%.

PE has been operating weakly recently. Manufacturers' willingness to ship has increased, but downstream demand is weak. In order to actively reduce inventory, the market mainly offers discounted shipments, and quotations continue to decline. International crude oil prices have fallen due to market concerns about the continued risk of oversupply and insufficient cost support. The supply side is sufficient, the new device has been put into operation, and stable release of production volume has been achieved, resulting in a steady increase in output. The demand is in the off-season, with limited order growth and a focus on rigid procurement. The enthusiasm for receiving goods is not high, and the overall downstream production rate has decreased. The demand for greenhouse film has entered the off-season, and the trading atmosphere in the packaging film industry is flat. Insufficient stimulation of terminal consumption. Recently, the futures market has been declining due to multiple negative factors, and it is expected that polyethylene will operate weakly.

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