Product Name: LLDPE
The latest price (November 20): 7,350 RMB/ton
Critical Points: The PE market partially reduces and most of liner keeps stable. The petrochemical inventories continue to fall, and the pressure on supply side has some extent eased. However, affected by descending price of international crude oil, the small fluctuations threat players’ confidence to some extent. Meanwhile, the intensity of environmental supervision is going on. Manufacturing process is under block.
Market Forecasting: There might be a narrow fluctuation in the short term.
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