OCTOBER 23,2019

PE USD daily review: the overall price is temporarily stable

2019-10-23 16:14

Today, the market price of PE US dollar is stable temporarily, and the supply of US dollar goods from traders is average. After yesterday's price cut, the profit of traders was not much. Today's RMB market price rebounded slightly, and traders actively shipped goods. The market expects Iran's supply to be concentrated in Hong Kong in late October, most of which are not priced, and the market offer is not much. In the early stage, some Indian petrochemicals stopped unexpectedly. The market expects some varieties to be supplied first. This week, most Indian foreign businessmen continue to make offers, and the supply will be stable in the near future. Some of the petrochemicals involved in the attack on Saudi oil fields are also relatively stable in supply, and the offer fits the mainstream market price. The supply of external non-standard imports is relatively sufficient, and the supply of standard goods is recovering actively. However, foreign investors have no intention to significantly reduce the price of standard goods in USD in the short term.

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