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PE market afternoon review on October 26

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

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Yesterday, PE market quotations extended their decline
.
Linear futures opened low and prospected, petrochemical continued to lower the factory price, the market has more bearish factors, the trading atmosphere is weak, and the merchants are mostly
with the falling price.
Downstream demand is scarce, and factories continue to stop and wait and see under the support of the "buy up, not buy down" mentality, and the transaction is difficult to see the dawn
.

Market reference: Dongguan market offer is soft, Maoming 2426K no tax 9250-9300 yuan / ton; Linyi market quotation sorting, Daqing 5000S reported 11300 yuan / ton; Changzhou market quotations weakened, Zhenhai 7042 reported 9650 yuan / ton
.

Today's forecast: Bearish shrouded, it is expected that the PE market will remain
weak today.

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