Commodity News
SunSirs: On April 21, the PE Spot Market Adjusted within a Narrow Range
April 22 2022 08:51:19 SunSirs (John)
Price trend
On the 21st, the three major varieties of PE spot market continued to maintain a stable and adjusted situation. The quotations in the large area fluctuated within a narrow range, with ups and downs. Among them, the adjustment range in East China was 50-100 RMB/ton.
Analysis review
The small rise in international crude oil in the morning brought a certain boost to the market. The May Day holiday is coming, and there is a certain demand for replenishment in the downstream before the holiday, and the enthusiasm for entering the market has improved slightly.
Market outlook
It is expected that the spot market price of PE may be firm in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com
Related Information
- 2024-04-25 SunSirs: Positive Factors Leads to an Increase in China PE Prices
- 2024-04-22 SunSirs: Positive Support, China PE Market is Rising
- 2024-04-15 SunSirs: Good Demand, China PE Market slightly Increases
- 2024-04-02 SunSirs: China PE Market Fluctuated in a Narrow Range in March
- 2024-03-25 SunSirs: China PE Prices slightly Increased Last Week
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