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【Polyethylene】The impact of Fed rate cut and horse oil explosion on PE
Time of Update: 2022-08-22
2371 million tons of LLDPE According to statistics, in 2019, the total amount of imported PE in China was about 16.
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[Polyethylene] Crude oil hit a new low in nearly 20 years, and PE continued to decline due to setbacks
Time of Update: 2022-08-22
The price difference during the month reached 920 yuan/ton Affected by the continuous decline of international crude oil prices and the meltdown of US stocks, the domestic polyethylene market fell sharply in 2020.
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Oil prices fluctuate and fall, PE downstream receiving strength is weaker
Time of Update: 2022-07-01
It can be seen from the above that the current PE market trend is weakening, product prices mostly fall by 50 yuan/ton, and crude oil prices are falling, which is not conducive to the recovery of related industrial chains.
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[Plastic] The Fed’s interest rate cut and horse oil explosion will affect PE
Time of Update: 2022-01-16
The Fed announced on the 15th local time that it would lower the target range of the federal funds rate to an ultra-low level of 0-0.
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[Plastic] Crude oil hit a new low in the past 20 years, PE frustrated and continued to decline
Time of Update: 2022-01-16
Affected by the continued decline in international crude oil prices and the meltdown of US stocks, the domestic polyethylene market fell sharply in 2020.
In addition, crude oil and ethylene have fallen sharply, which has a downward drag on polyethylene prices.