According to the monitoring of the commodity market analysis system of SunSirs, the domestic price of LLDPE (7042) was 8,407 RMB/ton on May 1st, and the average price on May 10th was 8,471 RMB/ton, with a price increase of 0.76% during the period.

According to the monitoring of the commodity market analysis system of SunSirs, the domestic price of LDPE (2426H) was 9,545 RMB/ton on May 1st, and the average price on May 10th was 9,650 RMB/ton, with a price increase of 1.10% during this period.

According to the monitoring of the commodity market analysis system of SunSirs, the domestic price of HDPE (5000S) was 8,520 RMB/ton on May 1st, and the average price on May 10th was 8,,637 RMB/ton, with a 1.38% increase in quotation during this period.

After the May Day holiday, the PE market showed a strong trend, with prices continuously rising slightly. The petrochemical plant is still in a centralized maintenance period, and the pressure on the PE supply end is not high. Manufacturers and traders are continuously raising their prices slightly; According to data statistics, as of May 9th, the overall operating rate of downstream PE industries decreased by 1.14% compared to the previous week. After the holiday, the downstream consumption pace slowed down, and the agricultural film industry entered a production off-season, weakening its support for PE; There is still support on the cost side of crude oil.

On May 10th, the PE l2409 contract on the Dalian Commodity Exchange was opened at 8,436 RMB and closed at 8,441 RMB, a decrease of 26 RMB. The highest price was 8,457 RMB and the lowest was 8,384 RMB, a decrease of 0.31%.

As the spring inspection equipment restarts one after another, supply side support may weaken, coupled with expectations of an increase in imported goods sources; On the demand side, agricultural film has entered the traditional off-season of demand, with inquiries being the main focus on the market, making it difficult to increase trading volume. It is expected that the upward trend of PE will slow down compared to April and may experience a slight pullback.

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