Commodity News
SunSirs: Market Analysis on LLDPE (March 25)
March 26 2020 09:21:49 SunSirs (Daisy)
Product Name: LLDPE
Latest Price (March 25): 6500 RMB/ton
Analysis Points: On March 25, PE spot market continued to decline. Part of petrochemical enterprises adjust their factory price as a range of 100-150 RMB/ton. Market cost support has been weakened. Futures markets continue to fall, weighing on market sentiment. Some business slightly reduced price. Meanwhile, downstream players were waiting and seeing and become into the market cautious. Market transaction atmosphere is not good.
Market Forecast: It is expected that LLDPE will be in weakly consolidation.
If you have any questions, please feel free to contact SunSirs with marketing@sunsirs.com.
Related Information
- 2024-04-25 SunSirs: Positive Factors Leads to an Increase in China PE Prices
- 2024-04-22 SunSirs: Positive Support, China PE Market is Rising
- 2024-04-15 SunSirs: Good Demand, China PE Market slightly Increases
- 2024-04-02 SunSirs: China PE Market Fluctuated in a Narrow Range in March
- 2024-03-25 SunSirs: China PE Prices slightly Increased Last Week
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