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Afternoon review of the PE market on August 20

 Last Update: 2022-12-12
 Source: Internet
 Author: User

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On Friday, the PE market consolidated slightly, and prices moved steadily
.
Linear futures fluctuated downward, some petrochemical lowered factory prices, the market atmosphere was weak, traders were not enthusiastic about operation, and basically followed the market
.
Terminal demand has not improved much, the willingness to cover positions is not high, and the market transaction resistance has increased
.

Market reference: Chengdu market offer sorting, Lanhua 2426H reported 10450 yuan / ton; Changzhou market is stable and small, Yangzi 7042 reported 9850 yuan / ton; The Dongguan market offered softly, and Guangzhou 7042 was tax-free at 8900-8950 yuan / ton
.

Today's forecast: It is expected that the PE market will be weak at the beginning of the week
.

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