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July 12 PE market afternoon commentary

 Last Update: 2022-12-11
 Source: Internet
 Author: User

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Yesterday, PE market quotations were generally stable, with some slight adjustments
.
Linear futures opened slightly higher, but the market was less enthusiastic and traders were cautious and adjusted quotes flexibly based on inventories as fundamentals
did not improve significantly.
The downstream continued to maintain a small number of receipts, and the transaction showed no signs of
volume.

Market reference: Changsha market is stable and small, Lanhua 5000S reported 11050 yuan / ton; The Shanghai market did not fluctuate much, Zhenhai 7042 reported 9400 yuan / ton; Linyi market slightly sorted out, Shenhua 2426H tax-free 8500 yuan / ton
.

Today's Forecast: The PE market price is expected to move
sideways today.

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