China PE Spot Market Traded sideways on January 18
January 18, polyethylene spot market three varieties to lateral trend, the overall fluctuations are limited. Petrochemical enterprises ex-factory price slightly adjusted, East China to adjust the range of 20 ~ 50 yuan / ton. Downstream replenishment demand was strong, and the market traded well. There was no significant change in sellers' offers. The rise in international crude oil prices brought some support to the market, and the plastics futures market kept rising. It is expected that the domestic PE spot market price will remain strong in the short term.
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