According to the data monitoring of SunSirs, the domestic price of LLDPE (7042) was 8,370 RMB/ ton on November 11, and the average price was 8,404 RMB/ ton on November 18, with an increase of 0.41% during the period, 5.32% higher than that on September 1.

According to the data monitoring of SunSirs, the average ex factory price of LDPE (2426H) was 9,633 RMB/ ton on November 11 and 9,600 RMB/ ton on November 18, with a drop of 0.35% during the period, 0.88% higher than that on September 1.

According to the data monitoring of SunSirs, the average ex factory price of HDPE (5000S) was 8,366 RMB/ ton on November 11, and 8,400 RMB/ ton on November 18, with a rise of 0.40% during the period, down 1.18% from September 1.

Last week, domestic PE prices rose and fell, LLDPE rose slightly and then fell slightly, LDPE decreased slightly and remained stable, and HDPE rose slightly and remained stable. On the supply side, there are many shutdown maintenance devices last week, and the PE supply pressure is reduced, which is good for the market. In November, petrochemical enterprises slowly destocking. On the demand side, the order for greenhouse film is nearing the end, and the demand for packaging film has risen. According to data, the average operating rate of PE downstream products has increased slightly last week compared with last week, which has brought some support to the PE market.

In terms of cost, on November 18, international crude oil futures continued to decline, which was bad for the market. On the supply side, the maintenance device will resume next week, and the supply pressure will rise. On the demand side, the peak season of agricultural film gradually ended, bringing certain negative effects. The lower reaches mostly maintain replenishment on demand, with low enthusiasm. It is expected that China PE spot market will operate mainly in a narrow range.

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