Product Name: LLDPE
Latest Price (March. 9): 6950 RMB / ton
Analysis Points: On March 9, PE overall market is mixed. Most of the petrochemical enterprises maintain stability while some individual manufacturers increase 100 RMB/ton. The market cost support is acceptably strong.
However, the international crude oil and futures market fell sharply, giving a vivid pressure on the mentality of players. Merchants offer cautiously and shift their weight downward. Downstream factories are cautious and wait - and - see. The market overall turnover atmosphere is light.
Market Forecasting: It is expected to be still weak.
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