ChemPriceHub Alert: Maoming Petrochemical's LDPE Price Declined on February 6

On February 6, Maoming Petrochemical (South China Branch) quoted LDPE 2426H at 8,800 yuan/ton, down by 100 yuan/ton. PriceSeek analysis of LDPE, long-short score: -1. The spot price of LDPE decreased by 100 yuan/ton to 8,800 yuan/ton, a drop of approximately 1.14%, reflecting sufficient market supply or weakened demand, which generally exerts a bearish impact on spot prices. The price decline may stem from inventory pressure or a slowdown in downstream procurement, and the spot market is likely to remain weak in the short term.