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.
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