Product Name: LLDPE

Latest Price (March. 9): 6950 RMB / ton

Analysis Points: On March 9, PE overall market is mixed. Most of the petrochemical enterprises maintain stability while some individual manufacturers increase 100 RMB/ton. The market cost support is acceptably strong. 

However, the international crude oil and futures market fell sharply, giving a vivid pressure on the mentality of players. Merchants offer cautiously and shift their weight downward. Downstream factories are cautious and wait – and – see. The market overall turnover atmosphere is light.

Market Forecasting: It is expected to be still weak.

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