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PE market under heavier pressure in the future

Author: CCFGroup.com     Time: Aug 28 2019 3:03PM

Domestic PE market has been weak recently and the overall market price remains low. There is no improvement in the market even though the slack season has passed and potential demand is improving. In terms of selling price, most kinds of products have dropped. Prices for LLDPE futures and spot have dropped below 7,500yuan/mt, LDPE at 8,000-8,500yuan/mt, HDPE below 8,000yuan/mt, injection around 7,500yuan/mt, film and blow molding below 8,000yuan/mt, and pipe below 8,500yuan/mt. The overall ...
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[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

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