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Since the beginning of this year, the polyethylene ( PE ) market has basically deduced a "V" trend.
PE market
From the perspective of supply, the domestic PE market will usher in a peak period of capacity expansion.
In terms of imports, PE imports have maintained a growth trend this year.
From the perspective of demand, the downstream demand structure of PE is relatively stable.
In summary, in recent years, large-scale refining and chemical integration projects have entered the peak of production, and PE production capacity will be greatly increased.
(Keyword: PE market)