On January 14th, Fujian Refining and Chemical (South China) LLDPE 7042 reported a price of 6,800 RMB/ton, an increase of 200 RMB/ton.

The spot price of LLDPE 7042 from Fujian Refining and Chemical (South China) was reported at 6,800 RMB/ton, an increase of 200 RMB/ton from the previous day, with a significant increase (about 3%). This indicates tight supply or increased demand in the spot market, driving prices stronger. As a commodity, this increase is usually seen as a positive signal and may be influenced by downstream packaging, increased demand for agricultural films, or support from raw material costs. The upward trend of spot prices is expected to boost market confidence and benefit short-term price performance.

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