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October 16 PE market afternoon review

 Last Update: 2022-12-13
 Source: Internet
 Author: User

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Yesterday, the PE market price was mainly consolidated, and a few weakened
slightly.
Linear futures volatility is lower, the market is not enthusiastic about trading, at the beginning of the week, merchants are more likely to enter the market according to their own supply conditions, wait and see the downstream demand response
.
The downstream is more cautious and wait-and-see, the spot market transaction is general, and the real market focuses on negotiation
.

Market reference: Guangzhou market offer soft, Maoming 7042 reported 9950-10000 yuan / ton; Chongqing market quotation sorting, Lanhua 2426H reported 10200 yuan / ton; Lanzhou market narrow sorting, Lanhua 5000S reported 11500 yuan / ton
.

Today's forecast: It is expected that today's PE market will be narrowly consolidated, and more attention will be paid to petrochemical price dynamics
.

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