the operating rate of PE continues to rebound in Nov

From the perspective of supply, the operating rate of PE continues to rebound in Nov as less plants shut for maintenance and plants which have lowered their operating rate previously have operated at higher rates, and the overall supply increased slightly. In the later stage, the change in plant operation is relatively limited, and the new start-ups and pre-production plants are still in the trial run stage, and the contribution to supply is small and the impact is limited before the end of 2021. Therefore, in the later period, the supply of polyethylene may stable-to-higher.