AUGUST 16,2019

August 16 PE US Dollar Daily Review: Ocean-going offer increases US Dollar market volatility range downward

2019-08-16 17:09

Today, the price of PE US dollar market is weak. The overall offer of foreign investors is posted on the monthly offer, but after converting to the price of general trade mode, it is basically flat spot. Traders are concerned about exchange rate risks and cautious about future markets. It is difficult for traders to follow up their purchases with fair water prices in general trade. Ma You's new unit's sub-licensed supply is bidding in China, and we heard that the bidding price before noon was $760 per ton. At the same time, the centralized offer of ocean-going sources covers high and low pressure and linearity. Although the price advantage is not great, most of them are between 870 and 900 US dollars per ton, with the increasing global sales pressure of North American and South American petrochemical enterprises, the future price will be more likely to discount the mainstream supply in the Middle East, and the supply is expected to continue to expand, forming a sustainable domestic spot market. To attack.

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