Price Trends

On the 4th, the polyethylene spot market continued to be weak and prices continued to fall. The ex-works price of petrochemical enterprises partially fell to RMB 50,100 per ton.

Analytical Review

Although the cost brought some support to the market, the demand is still weak, the enthusiasm to enter the market is generally low, and the market trading atmosphere is weak.

Aftermarket

Polyethylene spot market is expected to remain weak in the short term.

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