March 14, 2022
On the 10th, the three major varieties of PE spot market fluctuated, and the quotations in large areas were mainly down. The ex-factory price adjustment range of petrochemical enterprises in East China was 50-400 RMB/ton. The international crude oil has fallen sharply, the support from the cost side was limited, the downstream entry into the market was generally enthusiastic, and the market transaction was limited.
It is expected that the spot market price of PE may still be weak in the short term.