According to the data monitoring of business agency, the average ex factory price of LLDPE (7042) in East China was 8920.00 yuan / ton on November 1 and 9090.00 yuan / ton on November 30, with an increase of 1.91% during the month and 9.52% compared with the same period last year.

According to the data monitoring of business agency, the average ex factory price of LDPE (2426h) in East China was 11937.50 yuan / ton on November 1 and 12387.50 yuan / ton on November 30, with a rise of 3.77% in the month and 0.10% compared with the same period last year.

According to the data monitoring of business agency, the average ex factory price of HDPE (5000S) in East China was 8866.67 yuan / ton on November 1 and 8900.00 yuan / ton on November 30, with an increase of 0.38% in the month and 2.30% compared with the same period last year.

In November, the overall trend of the domestic polyethylene spot market was strong, and the three varieties increased in varying degrees. Among them, LDPE increased the most significantly, with an increase rate of nearly 4% in the month, followed by LLDPE, which increased step by step in the month, and HDPE showed a trend of falling first and then rising, with little overall fluctuation. In the first half of the month, the polyethylene market trend was strong, LDPE and LLDPE continued to rise, HDPE prices were relatively strong, petrochemical enterprises successively raised the ex factory prices, and even the plastic futures fluctuated higher, which brought some benefits to the spot market. Moreover, the greenhouse film was in the peak production season, the demand was good, and the price was mainly supported. In the second half of the month, the polyethylene market price was adjusted in a narrow range, and the overall fluctuation range was limited. The ex factory prices of petrochemical enterprises were mostly stable, and the merchant mentality was general. In addition, the peak season of shed film demand was coming to an end, and the downstream was mainly active in shipping, which brought some restraint to the rising market, and the market decreased slightly near the end of the month.

In November, Liansu futures were first high and then low, which brought phased benefits to the spot market. On November 30, the opening price of polyethylene futures 2201 was 8636, the highest price was 8649, the lowest price was 8434, the closing price was 8435, the former settlement price was 8598, the settlement price was 8569, down 163, down 1.90%, the trading volume was 489911, the position was 220394, and the daily position was increased by – 2860. (quotation unit: yuan / ton)

At present, the supply of polyethylene in the domestic market has increased significantly, but the peak season of greenhouse film demand is coming to an end. In addition, due to the impact of environmental protection policies, the demand growth is relatively limited, which brings some bad news to the market. Downstream factories maintain on-demand procurement, the overall transaction atmosphere of the market has weakened, and the mentality of merchants is weak. In addition, Liansu futures market has fallen significantly, which has limited support to the spot market and lacks obvious benefits. It is expected that the PE spot market will be weak and downward in December.