NOVEMBER 11,2019

PE US dollar daily review:weak market price down

2019-11-11 17:04

Before noon today, the price of PE US dollar market was weak, and the supply of US dollar goods from traders was relatively stable. The latest offer from foreign investors was weak and volatile. It was heard that the offer of low-pressure injection molding in North America was at 795 US dollars / ton. High pressure and linear prices have little change, fluctuating at 5-10 USD / ton last week. This week, the overall price habit of low-pressure membrane price is that the high-end price barely stands at $900 / ton, but the traders are not interested in receiving goods at a high price. Some receiving traders are back-to-back. Recently, the exchange rate has continued to rise, the RMB cost of imported goods has declined, and the willingness of traders to receive goods has become stronger. However, some non-standard USD offers are still on the high side. It is expected that the short-term correction will continue, leaving more trade space for traders.

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