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ChemPriceHub Key Alert: South China LLDPE Quotation Rises by 100 RMB
Published on 2026-01-06
On January 6, the quoted price for Maoming Nanhai (South China) LLDPE 7042 was 6,450 yuan/ton, an increase of 100 yuan/ton. PriceSeek's analysis of LLDPE shows a long-short score of 1.5. The article indicates that the spot price of LLDPE 7042 in the Maoming area of South China rose by 100 yuan/ton to 6,450 yuan/ton, suggesting tightening market supply or recovering demand, which is favorable for spot prices. Combined with polyethylene futures data (2026-01-05), the settlement price of the main contract 2605 increased by 24 yuan/ton to 6,494 yuan/ton, with open interest rising by 7,498 lots to 508,923 lots and active trading volume, reflecting bullish market sentiment. The rise in spot prices is expected to further support the upward movement of futures prices, indicating a likely short-term strengthening trend in prices.