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Last Friday, the domestic PE raw material market prices partially fe.
The night trading futures opened higher and fluctuated, boosting the confidence of the industry; the large-scale reduction of injection molding production in the first half of June was mainly due to the recent continuous decline in injection molding prices, the reduction of cost space, the conversion of domestic manufacturers to other categories, and the recent concentration of injection molding imports to Hong Ko.
Since the low-pressure injection molding products are not clearly distinguished from the linear products in the off-peak season, although the market’s confidence has increased recently due to the positive macro outlook, due to the priority of rigid needs, prudent operation is still the mainstream, the short-term macro mentality lasts for a short period, and the supply side is under pressure Under the continued status quo, the current weak demand side will continue to maintain in Ju.