Product Name: LLDPE
Latest price (November 13): RMB 7383.33 yuan / ton
Key points of analysis: the PE market as a whole fell by about RMB 100 yuan / ton, the international oil price and linear futures fell, petrochemical enterprises lowered the ex factory price, and the strength of cost support weakened, which to some extent depressed the confidence of the industry. Merchants are more cautious. Downstream factories have conflicts with high price resources. It is difficult to conclude a deal, and prices have been weakened one after another.
Future forecast: in the short term, the market is lack of obvious good, and there is still the possibility of downward adjustment.
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