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At the beginning of 2020, the "thunder" between the United States and Iran still exploded.
Polyethylene
First of all, the situation in the Middle East is unpredictable in the crude oil market.
Secondly, near the end of the year, the market has no intention of trading and demand is flat.
Finally, Zhejiang Petrochemical put into production at the end of 2019 and early 2020.
(Keyword: Polyethylene)