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Due to transportation and logistics restrictions, domestic companies and ports still have high import inventories.
At the beginning of 2020, the new coronary pneumonia epidemic disrupted the original rhythm of the polyethylene market.
Polyethylene
Along with the disorderly decline of the polyethylene market, crude oil prices fell sharply, and the Brent price reached 55 yuan/ton.
Due to transportation and logistics restrictions, in order to ease the contradiction between supply and demand and ease inventory pressure, most coal-based companies have joined the ranks of production reduction.
Despite this, domestic companies and ports still have high import inventories.
Due to transportation and logistics restrictions, domestic companies and ports still have high import inventories.
At the beginning of 2020, the new coronary pneumonia epidemic disrupted the original rhythm of the polyethylene market.
Along with the disorderly decline of the polyethylene market, crude oil prices fell sharply, and the Brent price reached 55 yuan/ton.
Due to transportation and logistics restrictions, in order to ease the contradiction between supply and demand and ease inventory pressure, most coal-based companies have joined the ranks of production reduction.
Despite this, domestic companies and ports still have high import inventories.
(Keyword: Polyethylene)