According to the monitoring of the commodity market analysis system of Business Society, the domestic price of LLDPE (7042) was 8207 yuan/ton on March 11, and the average price on March 15 was 8195 yuan/ton, with a decrease of 0.14% in the quotation during this period.

According to the monitoring of the commodity market analysis system of Shengyishe, the domestic price of LDPE (2426H) was 9237 yuan/ton on March 11th, and the average price on March 15th was 9237 yuan/ton, with prices remaining unchanged during the period.

According to the monitoring of the commodity market analysis system of Business Society, the domestic price of HDPE (5000S) was 8475 yuan/ton on March 11th, and the average price on March 15th was 8450 yuan/ton, with a decrease of 0.29% in the quotation during this period.

This week, polyethylene has undergone a narrow adjustment with relatively small fluctuations. The international oil price fluctuates strongly, and the cost side supports the polyethylene market; Domestic polyethylene inventory supply is sufficient, and there is significant pressure on the supply side, causing petrochemical enterprises to face pressure to destock. Downstream factories are gradually increasing their production, but they are mainly focused on rigid demand, with insufficient procurement efforts, limited new orders, and insufficient boost in demand.

On March 15th, the polyethylene l2405 contract on the Dalian Commodity Exchange opened at 8172 yuan and closed at 8280 yuan, up 135 yuan, with a maximum of 8290 yuan and a minimum of 8172 yuan, up 1.66%.

Polyethylene supply is loose, and currently there is insufficient support on the demand side. As the peak season for plastic film production approaches, there is a positive expectation on the demand side. In the short term, it is expected that polyethylene will fluctuate and rise narrowly.