international oil price has been in a relatively stable range-bound at present from the view of overall energy & chemical industry

Secondly, from the aspect of new start-ups, PE plants that were originally planned to put into production in the fourth quarter such as Hengli Petrochemical I and Zhejiang Petrochemical were difficult to start up in 2019. Thus as there was no new capacity start-up in the market, the LLDPE Jan future