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SunSirs: Rubber and Plastics: Opinions on LLDPE’s November 27 Trend

November 28 2019 09:07:59     SunSirs (Daisy)

Product Name: LLDPE

The Latest Price (November 27): 7,833.33 RMB/ton

Market Analysis: The domestic PE market condition is mixed and complicated. Most of the ex-factory prices of petrochemicals remain stable, and some are linearly raised by 50 RMB/ton, and some price under high and low pressure reduces by 50-150 RMB/ton. The decline in linear futures affects the market mentality. Businessmen continue to wait and see. The enthusiasm of downstream factories to enter the market has increased, and the atmosphere of spot transactions is acceptable.

Market Forecasting: PE spot market may fluctuate within a short period of time.

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