PE数据日报-20251225

1. Report Industry Investment Rating - Not provided in the report 2. Core View of the Report - The real - world situation faces supply pressure, and the market is expected to fluctuate [1] 3. Summary by Relevant Catalogs Upstream - Brent price increased from $62.07 on 2025/12/23 to $62.38 on 2025/12/24, with a change of $0.31 [1] - The price of动力煤 remained at 470 on both 2025/12/23 and 2025/12/24 [1] - The price of ethane (CFR China) increased from 3080 to 3100, with a change of 20 [1] - The prices of imported ethylene, ethylene in Shandong, and ethylene in East China remained unchanged on 2025/12/23 and 2025/12/24 [1] Spot - The LLDPE market price continued to decline, with a fluctuation range of 30 - 140 yuan/ton. The linear futures opened lower and fluctuated repeatedly. The market trading atmosphere did not improve. The market sentiment was bearish, and traders followed the market to lower their quotes. Terminal replenishment sentiment was poor, mainly making small - order purchases at low prices. The LLDPE price in North China was 6250 - 6600 yuan/ton, in East China was 6280 - 6800 yuan/ton, and in South China was 6300 - 6600 yuan/ton [1] - The prices of LLDPE imports, LDPE imports, HDPE imports, LLDPE in East China, LDPE in East China, and HDPE film in East China remained unchanged on 2025/12/23 and 2025/12/24 [1] - The price of HDPE拉丝 in East China decreased from 6950 to 6850, with a change of - 100 [1] - The PE basis decreased from 34 to - 158, with a change of - 192 [1] - The number of warehouse receipts remained at 11265 on both 2025/12/23 and 2025/12/24 [1] In - Production - The production of high - pressure products, low - pressure pipes, low - pressure hollow products, low - pressure injection - molded products, low - pressure films, and other products remained unchanged on 2025/12/23 and 2025/12/24 [1] - The production of linear products increased from 37.5 to 37.81, with a change of 0.31 [1] - The maintenance volume remained at 4.28 on both 2025/12/23 and 2025/12/24 [1]