According to the monitoring of the commodity market analysis system of Business Society, the domestic price of LLDPE (7042) was 8100 yuan/ton on December 1st, and the average price on December 29th was 8230 yuan/ton, with a 1.6% increase in quotation during this period.

According to the monitoring of the commodity market analysis system of Shengyishe, the domestic price of LDPE (2426H) was 9137 yuan/ton on December 1st, and the average price on December 29th was 9082 yuan/ton, with a price drop of 0.60 during this period.

According to the monitoring of the commodity market analysis system of Shengyishe, the domestic price of HDPE (5000S) was 8550 yuan/ton on December 1st, and the average price on December 29th was 8500 yuan/ton, with a 0.58% decrease in quotation during this period.

In December, the polyethylene market experienced ups and downs, with LLDPE showing a slightly sustained strong trend, while LDPE and HDPE showed a slight decline. The tense geopolitical situation, expected interest rate cuts by the Federal Reserve, and rising international oil prices have to some extent supported the polyethylene market on the cost side. There are not many maintenance devices in the enterprise, and short maintenance is the main focus, with sufficient supply of polyethylene. The operating rate of downstream products is showing a downward trend, with a decrease in agricultural film operating rate and a slight increase in packaging film operating rate, mainly driven by holiday demand. Overall, downstream demand is weak, and procurement is relatively cautious. Traders adjust their offers and have a strong willingness to sell at a discounted price.

On December 29th, the opening price of the polyethylene l2405 contract on the Dalian Commodity Exchange was 8280 yuan, and the closing price was 8280 yuan, a decrease of 23 yuan. The highest price was 8299 yuan, and the lowest was 8255 yuan, a decrease of 0.28%. The trend of futures in December was relatively strong, driving up the spot price of polyethylene.

Linear products are driven by the strength of futures, with spot prices slowly and slightly rising, and the market trends of high-pressure and low-pressure products are weak; The demand for greenhouse film has decreased, and the demand for plastic film is slowly following up. The Spring Festival plastic film is gradually starting, and overall, the market demand in January is weak; Adequate supply side; It is expected that polyethylene will mainly fluctuate weakly, with limited upward space.