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At the beginning of 2020, the "mine" between the United States and Iran still exploded
.
First of all, the situation in the Middle East is an unpredictable situation in the crude oil market.
If the war is intensified, it will push oil prices up, otherwise, oil prices will fall
.
Secondly, near the end of the year, the market has no intention of trading, and the demand is flat
.
Finally, Zhejiang Petrochemical was put into operation at the end of 2019 and early 2020.
On January 13, it was reported that HDPE had T60-800 pellets off the assembly line, and the full density had been put into production, producing 7042 powder.
The designed HDPE capacity of the device was 300,000 tons/year, With a full-density production capacity of 450,000 tons/year, it is located in Zhoushan, Zhejiang, and is an integrated cracking device
.