According to the monitoring of the commodity market analysis system of Shengyi Society, the average price of LLDPE (7042) was 6781 yuan/ton on December 9th and 6670 yuan/ton on December 15th, a decrease of 1.65%. LDPE (2426H) had an average price of 8800 yuan/ton on December 9th and 8633 yuan/ton on December 15th, a decrease of 1.89%. The average price of HDPE (2426H) on December 9th was 7312 yuan/ton, and on December 15th it was 7162 yuan/ton, a decrease of 2.05%.
| Gamma-PGA (gamma polyglutamic acid) |
Polyethylene has been operating weakly recently. Manufacturers’ willingness to ship has increased, but downstream demand is weak. In order to actively reduce inventory, the market mainly offers discounted shipments, and quotations continue to decline. International crude oil prices have fallen due to market concerns about the continued risk of oversupply and insufficient cost support. The supply side is sufficient, the new device has been put into operation, and stable release of production volume has been achieved, resulting in a steady increase in output. The demand is in the off-season, with limited order growth and a focus on rigid procurement. The enthusiasm for receiving goods is not high, and the overall downstream production rate has decreased. The demand for greenhouse film has entered the off-season, and the trading atmosphere in the packaging film industry is flat. Insufficient stimulation of terminal consumption. Recently, the futures market has been declining due to multiple negative factors, and it is expected that polyethylene will operate weakly.
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