On November 4, the domestic market of the three major spot PE varieties continued to be weak, with prices declining and stabilizing. Prices in East China fluctuated narrowly, with some minor adjustments ranging from 50-100 yuan/ton. Most of the petrochemical companies' ex-factory prices were stable, the market trading atmosphere was poor, and the downstream supply was in urgent need of replenishment. The Union Plastics futures market rose slightly, with limited support for the spot market. It is expected that the future of China's PE spot market will be dominated by narrow consolidation.

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