Product Name: LLDPE The latest price (November 20): 7,350 RMB/ton Critical Points: The PE market partially reduces and most of liner keeps stable. The petrochemical inventories continue to fall, and the pressure on supply side has some extent eased. However, affected by descending price of international crude oil, the small fluctuations threat players’ confidence to some extent. Meanwhile, the intensity of environmental supervision is going on. Manufacturing process is under block. Market Forecasting: There might be a narrow fluctuation in the short term. If you have any questions, please feel free to contact toodudu with tdd-global@toodudu.com  

In the middle and late August (8.12-24), the three varieties of PE in the spot market showed different ups and downs. LDPE and HDPE in East China showed a trend of first stabilization and then pull up, while LLDPE in East China showed a trend of first falling and then callback. Although the range was not large, it deviated from the trend of the other two varieties. Among them, the increase of high-pressure LDPE was the most obvious, with the overall increase of 3.94% in the middle and late August. Lower PE market, but the overall stock market is still stable. According to the data of toodudu, the average ex-factory price of LLDPE (7042) in East China was 7,233.33 RMB/ ton on August 12 and 7,200.00 RMB/ ton on August 24, with a decrease of 0.46% and an increase of 0.47% compared with August 1. The average ex-factory price of LDPE (2426h) in East China was 8,875.00 RMB/ ton on August 12 and 9,225.00 RMB/ ton on August 24, with an increase of 3.94% during the period and 6.80% higher than...