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    Home > Chemicals Industry > Rubber Plastic News > China-US trade war reached a settlement, PE market may fluctuate slightly

    China-US trade war reached a settlement, PE market may fluctuate slightly

    • Last Update: 2022-08-17
    • Source: Internet
    • Author: User
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    Last Friday, the domestic PE market prices partially soften.


    It is expected that the domestic PE market will fluctuate slightly tod.


    Bullish factors: futures opened higher and fluctuated at night, boosting industry confidence; petrochemical inventories continued to fall and remained at a low median level, and there was little sales pressure in major regions; most petrochemicals recently raised ex-factory prices, and market cost support was strong; some Factories have stocking needs, and there is rigid support for polyethylene; the Sino-US trade war has reached a settlement, and the macro economy has been stimulat.


    Negative factors: Most of the maintenance devices were operated in the early stage, and the supply of goods has been improved in the future; the number of end-user orders is limited, and the transaction resistance of high-priced goods in the market is large; affected by environmental protection inspectors, there is a certain resistance in the production of terminal enterpris.


    Other factors: pay attention to changes in plastic futures and petrochemical ex-factory pric.


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