The Most Obvious Aspect on The Supply Side Is The Significant Increase in Domestic Production Capacity

The most obvious aspect on the supply side is the significant increase in domestic production capacity. Currently, the 500kt/year HDPE plant and 300kt/year HDPE/LLDPE plant of Sinopec/Ineos Tianjin has been commenced in Nov. It is estimated that the average monthly increase is around 70,000 tons. Su