Commodity News
SunSirs: On April 27th, the PE Spot Market Fluctuated within a Narrow Range
April 28 2022 15:00:38 SunSirs ( John)
Price trend
On the 27th, the three major varieties of PE spot market remained stable, and the quotations in large areas fluctuated within a narrow range, with ups and downs. Among them, the adjustment rate in East China was 50 RMB/ton.
Analysis review
The international crude oil price rebounded, and the news was positive for the market sentiment, but the terminal demand was weak, and the market trading atmosphere was limited, which brought certain resistance to the market.
Market outlook
It is expected that the spot market price of PE may continue to consolidate in the short term.
If you have any questions, please feel free to contact SunSirs with support@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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