AUGUST 15,2019

PE US Dollar Market this week: Prices are stable and transactions are difficult to change

2019-08-15 17:26

This week, the price of PE dollar market is stable and small, the market turnover has not changed significantly, and the overall macro mood is still empty. Foreign businessmen continued to lower their offer to China this week, with low-pressure film trading between August and September at US$940-960 per ton and linear at US$870-880 per ton. Domestic traders were cautious in receiving goods and limited volume. In terms of price, the linear mainstream quotation range in the market is 880-890 US dollars per ton, the quotation from Qatar Shanghai to Source Traders in September is 880 US dollars per ton, the quotation from Saudi Source Traders in September is 880 US dollars per ton, and the linear quotation from India is obviously reduced. In terms of wire drawing, the market mainstream quotation range is still 960-990 US dollars per ton, India mainstream wire drawing price in September is about 970 US dollars per ton, and some Egyptian supply price is 930 US dollars per ton. For injection moulding, some Saudi injection moulding traders quoted US$900 per ton in September and some Indian injection moulding traders quoted US$900 per ton in September. On the hollow side, the mainstream offer of Iranian source traders was $910-920 per ton, down about $10-20 per ton from last week. In terms of low-pressure film, Qatar's low-pressure film trader quoted 960 US dollars per ton in August, the source trader quoted 960 US dollars per ton in September to Saudi Arabia, the low-pressure film trader quoted 965 US dollars per ton in September to Kuwait, and the source trader quoted 1020 US dollars per ton in September to Taiwan Plastics. In terms of high pressure, the price quoted by Russian source traders in September is 950 US dollars per ton, that quoted by Boro in September is 975 US dollars per ton, that quoted by Qatar in September is 970 US dollars per ton, and that quoted by Saudi Arabia in September is 960 US dollars per ton.

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