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The main reason comes from the operation of plants. From August to early November, the operating rate of ACN plants was remained at about 70% due to the unit maintenance and production reductions of various plants. Besides, the inventory pressure was relieved by the export of nearly 57kt ACN from Au
But why we say the chance for a strong rebound is small? The main reason lies on the fundamentals.First of all, China's PE imports are large and sufficient. The total import of PE in January-May 2019 reached 6.8802 million tons, an increase of 18.3% over the same period of last year. Especially in t
