According to the monitoring of the commodity market analysis system of Shengyi Society, the average price of LLDPE (7042) was 8295 yuan/ton on February 6th and 8258 yuan/ton on February 13th, with a price drop of 0.44% during this period. LDPE (2426H) had an average price of 9900 yuan/ton on February 6th and 10100 yuan/ton on February 13th, with a price increase of 2.02% during this period. HDPE (2426H) had an average price of 8382 yuan/ton on February 6th and 8375 yuan/ton on February 13th, with a price drop of 0.09% during this period.
| Gamma-PGA (gamma polyglutamic acid) |
After the year, the trend of the polyethylene market has fluctuated, with linear products running weakly, high-pressure products trending strongly, and low-pressure products fluctuating and adjusting, with little change. The pressure on the supply side is still present, with an increase in spot goods on the market. Manufacturers and traders are mainly reducing prices for shipments, but news of some equipment being converted and shut down has led to a tentative increase in the prices of high-pressure products. After the holiday, downstream production resumed slowly, order follow-up was limited, and demand side support was limited. US commercial crude oil inventories continue to rise, international oil prices have fallen, and cost support has weakened.
In February, there were relatively few maintenance visits to the polyethylene plant, mainly short-term minor repairs. The overall supply is expected to remain high, and there are plans for commissioning and production of the new plant, ensuring sufficient supply; Starting from mid to late February, with the gradual increase in downstream factory operating rates, demand will gradually be released, and the supply growth rate may exceed the demand growth rate. In the short term, it is expected that polyethylene will mainly operate weakly due to fluctuations.
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