Petrochemical commodities are dominated by weak shocks.
WTI Crude Oil Sold Above US $95; Rubber (23,110, 485.00,2.14) left above the 23000 of empty orders; PTA (8,244, 228.00,2.84) short-term oscillation thinking, medium and long-term short-term short-term unchanged; LLDPE (10,565,265.00, 2.57) Empty Orders Stop Surplus at 5-Day Average.
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2023/11
Polyethylene spot small rise continued to rebound sharply or will be difficult to achieve
After the Lunar New Year, the domestic polyethylene spot market ushered in a late spring cold. Under the dual effects of slow demand start-up and high market inventory, it experienced a consolidation in February. The market began to decline all the way in March. It was not until mid-to-late March that the market showed signs of rebound. According to the monitoring of the Business Agency, LLDPE rebounded by 1.33 from March 18 to the present, and the current market mainstream price is 10850-10850-10950 yuan/ton
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2023/11
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