APRIL 26,2019

Comments on US dollar PE market this week

2019-04-26 11:02

This week, the price of PE US dollar market is stable as a whole, and the price of linear supply has loosened to a certain extent. Some low transaction prices are about US$1010 per ton. Macroscopically, the impact of multiple factors has declined significantly. At present, downstream stocks are cautious, and more low-price goods are chosen for transaction. It is slightly difficult to close high-level transactions in the market. In terms of price, the main linear quotation ranges from $1020 to $1040 per ton in the market, from $1040 per ton in Exxon in May, to $1040 per ton in Shabiq in June, to $1030 per ton in Sincere Source Traders in India in June, with a turnover of about $1010 per ton. In the aspect of wire drawing, the purchase cost of some Indian wire drawing trade is about US$1050 per ton, and the May shipment date, with the mainstream quotation range of US$1070-1090 per ton. As for injection moulding, the market price is stable as a whole. Most of the goods flow into RMB market for settlement and sale. The US dollar quotation is scarce. The low transaction price of RMB is about 8,200 yuan/ton. On the hollow side, the upstream supply pressure has eased, the market price has been stable as a whole, and a small amount of US dollar supply has been traded at 1100 US dollars per ton. In terms of low-pressure membrane, from June to Amy, from June to Dow, from June to Sabik, from June to November, from November to November, from June to November, from May to May, from May to May, from May to May, from May to May, from May to May, from May to May, from May to May, from May, from May to May, from May, from May to May, from May to May, from May, from High-pressure U.S. dollar quotation is stable this week, market transactions just need to be the main, from June to Daudal heavy-duty source traders quoted $1080/ton, from June to Qatar source traders quoted $1100/ton, from Qatar in May to coated source traders quoted $1130/ton, and from Thom Wharf spot high-pressure traders quoted $1050/ton.

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