Product name: LLDPE

The Latest Price (December 16): 7,416.67 RMB/ton

Market Analysis: The PE market fluctuated on the 16th, and petrochemical inventories have accumulated. Some of them have reduced the ex-factory price by 50-200 RMB/ton, and individual low pressures have risen. Linear futures rebounded, boosting market confidence. However, the downstream demand has not improved significantly, and the enthusiasm for entering the market is not high.

Market Forecasting: It is expected that the short-term or shock consolidation will dominate in the short term.

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