SunSirs--China Commodity Data Group

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SunSirs: Plastics, Opinion On LLDPE On January 6

January 07 2020 10:20:22     SunSirs (Daisy)

Product Name: LLDPE

Latest Price (January 6): 7,350 RMB / ton

Market Analysis: The PE market as a whole is mixed, and petrochemicals have individually lowered their ex-factory prices by 100-200 RMB, which has weakened market cost support. However, international oil prices and linear futures have risen, boosting industry confidence. Businesses are tentatively rising. The enthusiasm for downstream market entry has improved, and the overall market transaction atmosphere is acceptable.

Market Forecasting: It is expected that there may still be a rise in the short term.

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