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PE market prices extended their decline
.
North China fell by 50 yuan / ton linearly, individual high pressure fell 50-100 yuan / ton, low pressure part fell 100-200 yuan / ton, part of wire drawing fell 50-100 yuan / ton, and some film materials fell 50 yuan / ton; East China fell linearly by 50 yuan / ton, some high pressure fell 50-100 yuan / ton, low pressure part injection molding and film material fell 50-100 yuan / ton, part fell 50-100 yuan / ton, part of the wire drawing fell 100-150 yuan / ton; South China fell 50-100 yuan / ton linearly, some high pressure fell 50-200 yuan / ton, low pressure individual injection fell 50 yuan / ton, and some wire drawing fell 50-200 yuan / ton
.
Although futures opened high and fluctuated, some petrochemicals continued to sell at reduced prices, the market lost cost support, and merchants mostly followed the decline
.
Terminal demand is slow to follow, and on-demand procurement is most
.
The price of LLDPE in North China is 9200-9300 yuan / ton, the price of LLDPE in East China is 9100-9300 yuan / ton, and the price of LLDPE in South China is 9200-9550 yuan / ton
.
PE prices in North China fluctuate in a narrow range, futures open high and fluctuate, the effect on the market is general, traders are confused, follow the market, the actual transaction is not much improved, focusing on real negotiations
.
PE prices in South China continued to be weak
.
Futures fluctuated to the downside, and the market traded lightly
.
Petrochemical continued to lower the factory price, merchants were pessimistic, followed by falling offers, downstream inquiries were cautious, and the real market focused on negotiation
.
PE prices in East China continued to be weak, linear futures opened high and fluctuated downward, petrochemical lowered some factory prices, confidence in intra-market trading was not good, holders accompanied the offer and shipment, end-users were more cautious in receiving goods, and the real market focused on negotiation
.
PE prices in central China partially weakened
.
Petrochemical lowered some prices, merchants were sluggish, and some followed suit
.
Downstream receiving is cautious and on-demand procurement is the mainstay
.
