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According to a Platts report in Singapore on July 10, the outlook for the global polyethylene market is pessimistic for the rest of the year due to weak feedstock costs, weak global demand and expected factory start-ups, according to market participan.
It is estimated that between 4 and 5 million tonnes of new polyethylene supplies are expected to come online by the end of December, of which 9 million tonnes will be supplied in the US and the rest of As.
Market participants expect that in the second half of this year, in addition to China, more.
Weakness in the ethylene feedstock market is expected to weigh on PE buying ideas, while demand in the second half of this year is expected to be generally more pessimistic than a year earlier due to macroeconomic uncertain.
Private equity market participants were more concerned about the recent weakness in global dema.
Some participants expected more Southeast Asian goods to be exported to China thanks to regional factory expansion and the ASEAN-China free trade agreeme.
According to the.
European imports from the.