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PE CFR China market maintained the downward trend. The market was stable in the early stage, and the price fluctuations were small. In the second half of the month, due to the sharp drop in crude oil, RMB market was weak, which suppressed the PE CFR China market. Downstream demand was limited
PE CFR China market was in narrow range-bound since November, market price waved narrowly and fluctuated in the range of $10/mt. Even the market trading atmosphere was mild on the whole. The whole market was bearish with no negative and positive news, market participators offered accordingly. Almost
PE CFR China market inched up in the early-to-mid September and then moved lower continuously since late September. Up to November, the market was still in weak consolidation. Market sentiment was lukewarm and trading atmosphere was not active. Prevailing offers for LLDPE (MFR: 2) were at $800-850/m
The PE CFR China market has been amazing enough in the first half of 2019. After four or five months of consolidation, it has plunged for two whole months, hitting at least the five-year lowest. At present, the price of LLDPE is basically around $900-920/mt, and LDPE is about $950-1000/mt, HDPE film
