OCTOBER 22,2019

PE USD daily review: foreign offers down

2019-10-22 16:04

Today, the price of PE US dollar market is down, the domestic spot market continues to be weak, and the price of futures contract is down, the supply of US dollar goods for traders is not smooth, and their mentality is pessimistic. Foreign investors opened new offers this week, with prices mostly down. Some high-pressure offers fell to US $900-910 / T, and some high-pressure outflows of US $870 / T were not universal. Traders also follow the drop in shipments, the buyer actively counter offer, today's deal a little volume, deal more low price. According to this week's offer, the US dollar market price began to decline, and Middle East foreign businessmen are more cautious about price reduction. However, there is a great pressure on foreign investors to clear their inventories at the end of the year, and some foreign investors still have a high probability of price reduction and promotion. It is suggested that the industry pay close attention to it.

DisclaimerThe Institute of Plastic Research makes every effort to ensure the accuracy of the information, reliability of the data, and objectivity and fairness of the content and viewpoints described herein. However, we do not guarantee the accuracy and completeness of the information. Any losses or legal consequences resulting from actions taken based on this information are the sole responsibility of the individual undertaking them.

Media Contact

Luke
Head of Info Center

Release product requirements

Product Description
Mailbox
Contact Name
Telephone No