OCTOBER 10,2019

Summary of PE Market Situation in China Today

2019-10-10 17:05

Today, the price of PE market in China is weakening partly. The price of PE in North China is falling 50-100 yuan/ton linearly, some high pressure is falling 50-100 yuan/ton, low pressure is falling 50-100 yuan/ton, individual drawing and injection moulding are falling 50-100 yuan/ton, and individual film material is falling 50 yuan/ton. In East China, partial high pressure is falling 50 yuan/ton linearly, some low pressure is falling 50-100 yuan/ton, and individual injection moulding is falling 50 yuan/ton linearly; in South China, individual linear is falling 50 yuan/ton, and individual high pressure is falling 50 yuan/ton. 50 yuan/ton, 20-100 yuan/ton for low-pressure injection moulding and 20 yuan/ton for individual hollow and membrane material loosening. The low opening of linear futures continues to be weak, some petrochemical companies continue to reduce prices, the market is in a slump, and some businessmen follow suit. The demand downstream is not good, and a firm offer is negotiated. The price of LLDPE in North China is 7320-7450 yuan/ton, that in East China is 7350-7600 yuan/ton, and that in South China is 7500-7750 yuan/ton.

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