Last week (August 27th to 31st), the plastic raw material market of Yuyao China Plastics City showed a moderate trend, and the prices rose steadily. Supported by the high level of the upper reaches, and with some petrochemical companies lifting the new pricing at the end of the month, the market's mentality is acceptable, and some traders have slightly raised their prices. However, the response from the terminal factories is not positive and the enthusiasm for entering the market is limited. It is still difficult to break through the sluggish demand. It is expected that if there is no sudden and positive guidance, the market will continue to focus on the consolidation of the market.

The trend of low-density polyethylene stabilized and partially fluctuates slightly. At the end of the week, the mainstream quotes for film materials were generally at RMB 10,700 to RMB 10,800 (t price, the same below), RMB 100 at the low end and RMB 50 at the high end. The market structure has not changed significantly in this period. The high crude oil price fluctuated, ethylene jumped sharply, the overall cost stayed at a high level, and petrochemicals generally maintained stable prices. Sinopec North China Branch and PetroChina all had slight upward movements, which drove some market prices to rise slightly. However, as the downstream demand did not show signs of improvement, the market was fully resisted. It is expected that the low-density polyethylene short-term market will still be a consolidation-based consolidation.

The linear low-density polyethylene market is light and the market is stable. Last weekend, the mainstream quoted price was between 10600 and 10900 yuan, intraday volatility. It is expected that the market for linear low-density polyethylene in the near future will continue to be a market with stable and small-cap volatility.

High-density polyethylene prices rose steadily and transactions did not change significantly. At the end of the week, the mainstream price of wire drawing materials was at 11450 to 11550 yuan, the low end held steady, and the high end fell 100 yuan; the mainstream quoted price of injection plastic was 11,500 to 12,000 yuan, up 200 to 500 yuan; the mainstream price of thin film material was 11,000 to 12,300 yuan; The mainstream price of materials is expected to be 11100 to 12,000 yuan, up 100 to 200 yuan. It is expected that the high-density polyethylene short-term market is still difficult to get rid of the shock pattern.

The performance of polypropylene was relatively good, and some of the tightly packed varieties gained significantly. At the end of last week, the mainstream quotes for homopolymer wire drawing/injection plastics were in the range of 11,600 to 13,200 yuan, up 50 to 400 yuan; domestic copolymer materials were at 11,700 to 12,800 yuan, up 100 to 600 yuan; imported copolymer materials were at 1,150 to 12,500 yuan, up 50 to 50 yuan. 150 yuan; monofilament powder F3-045 is 11,700 yuan, up 100 yuan. From the current point of view, petrochemical pricing has been steadily rising, which has played a certain role in driving the market. However, the extent to which the downstream demand can actually be stimulated remains to be released. However, the enthusiasm of the downstream factories to enter the market is not high, wait and see attitude is strong, the status quo of the downturn is difficult to improve in a short time. Traders' confidence in the market outlook is not sufficient. Fortunately, the mentality has not changed significantly, and adjustments have been made along with the quotation. It is expected that the polypropylene market will be dominated by a narrow range in the short term.

The market of PVC is light and the price is steady. At the end of the week, the mainstream price of ethylene powder for general use was in the range of 7,200 to 7,300 yuan. It is expected that the PVC market will not be able to significantly improve in the near future.

The polystyrene market is in a general trend and the prices have risen steadily. Last weekend, the general-purpose mainstream quoted price was in the range of 11,750 to 12,100 yuan, a small increase of 100 to 200 yuan; the high-impact-level mainstream quoted price was 13350 to 13800 yuan. At present, the international crude oil and styrene monomer are fluctuated at high levels, and some petrochemical enterprises have raised their quotation, and the market continues to follow up slightly. And with the approach of the traditional peak season, the market can be fair. It is expected that the polystyrene market will continue to dominate the market in the short term.

ABS resin prices rose moderately, with limited range. Last weekend, the domestic mainstream price of ABS was between RMB 15200 and RMB 15,500, up RMB 100-200. At present, the basic pattern of the market has not changed significantly. Some petrochemical companies overhauled and sealed the market, forming support for the market, and the prices were mainly upswings. However, due to the lack of cooperation in the transaction, the trend in the later period is not clear. On the whole, downstream factories continue to purchase on demand, and demand is unlikely to improve in a short period of time. However, with the support of low costs and resources, even if there is a need for adjustment, the market outlook will not be excessive. It is expected that the ABS market will continue to dominate the market with shocks.