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Afternoon review of the PE market on August 7

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

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Yesterday, the PE market trend was promising, and the price rose
again.
Petrochemical continued to raise prices, the market supported by high costs, raw material prices continued to rise, traders' confidence was boosted, some hands did not have much supply to produce a reluctance to sell, and the hype atmosphere also became stronger
.
However, it is difficult for downstream factories to keep up with the goods for a while, and it is mostly
cautious to wait and see.

Market reference: Shunde market offer higher, Maoming 2426H tax-free 9500-9600 yuan / ton; The Lanzhou market partially followed, Lanhua 7042 reported 9700 yuan / ton; The Nanjing market continued to rise, with Yangba 2426H reporting 10150 yuan / ton
.

Today's forecast: Supported by costs, PE market prices are expected to continue to rise
today.

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