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China PE Spot Market was mainly Weak on October 13

  32
 June 13, 2024

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On October 13, the domestic PE spot market was weak, and the ex-factory prices of the three major varieties fell to different degrees, down 50-150 yuan/ton. International crude oil prices continue to reduce negative market sentiment. Although it is the peak season of agricultural film, the downstream work rate is low. With the completion of the new round of replenishment, the enthusiasm to enter the market has decreased. Most traders follow downward offers, mainly for shipment. China PE market is expected to continue to decline in the short term.

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