On August 8, domestic PE spot prices fell slightly by 50-100 yuan/ton. International crude oil futures prices fell on November 7, adversely affecting the market. PE manufacturers' shutdown units started up one after another. As production increased from last week, the market supply pressure is expected to increase. Demand for agricultural films is gradually weakening and the peak season is coming to an end. China PE market is expected to continue to decline in the short term.

If you have any questions, please feel free to contact toodududu (tdd-global@toodudu.com).