-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
Boosted by the multiple measures of eight ministries and commissions to support the real economy and the market T+0 transaction information, the domestic polyethylene market has been booming recently, and petrochemical prices have continued to rise.
, Although there has been an increase in the number of downstream goods, but the receipt of goods is cautious, focusing on negotiation, and the actual transaction center of the market is low
.
From the above picture, we can see that the current polyethylene price has rebounded to the level before the crude oil crash in early March, and the trading atmosphere in the market is active.
OPEC and Russia are expected to reach a consensus on extending the production reduction agreement at the meeting on June 4.
International Crude oil rose sharply.
Under this influence, long-term funds entered the market, and the domestic futures market rose.
With the relatively tight supply of domestic equipment maintenance and relatively tight supply, the polyethylene spot market rose strongly.
Can this price increase continue?
According to relevant data, OPEC's total crude oil production has dropped to the lowest level in 20 years.
At the same time, OPEC intends to extend the production cut agreement until the end of the year, which has effectively boosted the bullish atmosphere in the market.
However, at the same time, Sino-US relations are tense, and the international It will take time for market demand to recover, so crude oil's momentum is slightly insufficient
.
Judging from yesterday's market, some traders are more willing to take profits, and some offer a small profit to facilitate the transaction
.
