According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of LLDPE (7042) was 8371 yuan/ton on August 1st, and the average price was 8328 yuan/ton on August 8th, with a price drop of 0.51% during this period.

According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of LDPE (2426H) was 9912 yuan/ton on August 1st, and the average price was 10062 yuan/ton on August 8th, with a price increase of 1.51% during this period.

According to the monitoring of the commodity market analysis system of Shengyi Society, the domestic price of HDPE (5000S) was 8137 yuan/ton on August 1st, and the average price was 8137 yuan/ton on August 8th, during which the quotation was temporarily stable.

Recently, the price of polyethylene has fluctuated, with linear products experiencing a narrow range of weak downward adjustments. High voltage product quotations have increased, while low-voltage product quotations remain strong. On August 8th, international crude oil futures rose, oil prices rose, and there was some support on the cost side. With the continuous restart of polyethylene maintenance equipment, there is an expected increase in the supply side; On the demand side, it is in the traditional off-season, with limited order follow-up, a bearish market mentality, and a poor trading atmosphere on the market. Traders mainly offer small discounts for shipments, and linear product quotations are adjusted narrowly and weakly. However, the prices of high-pressure products are rising, and due to the impact of the Middle East situation, imported sources may be affected, leading to a significant increase in the prices of high-pressure products.

On August 9th, the Dalian Commodity Exchange polyethylene L2409 contract opened at 8162 yuan and closed at 8150 yuan, a decrease of 35 yuan, with a maximum of 8220 yuan and a minimum of 8139 yuan, a decrease of 0.43%. Recently, the weak performance of polyethylene futures has been the main factor, providing limited support for the spot market.

As the maintenance equipment restarts one after another, there is an expected increase in the supply side; In mid to late August, the demand for greenhouse film market may begin to rebound, and the market will enter the reserve stage. Polyethylene is expected to rise in the short term, but the upward adjustment space may be limited.