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Since early October, PE market has been relatively strong supported by macro factors. Subsequently, the market fluctuates lower, and CFR China market is no exception. The overall market maintains a weak operating trend without excessive fluctuations. Recently, prevailing offers for LLDPE (MFR: 2) we
In Aug, PE market adjusted slightly as a whole. Affected by the correction of crude oil prices at the cost side, PE price fell slightly in the middle of the month. Then, at the end of the month, oil prices stopped falling and rebounded, and the PE market rebounded slightly. However, due to the overa
Under this background, a production adjustment plan of Sinopec spread throughout the market recently, causing heated discussion not only in the plastic market, but also in the rest of the chemical market. So what impact will this adjustment plan have on the PE market?
At present, China has reached remarkable achievements in the prevention and control of the COVID-19. However, at the same time, the coronavirus has going global to foreign countries, from South Korea and Japan to Italy and then to Iran. And this outbreak has triggered panic in various industries. Cr
