Cold Pe Demand Pull Up To Break The Deadlock Plastic City (11.9-12)-lldpe, Pp, Abs-plastic Industry

HC plastic mesh News: Last Friday, the U.S

HC plastic mesh News: Last Friday, the U.S. unemployment rate has reached 26 year high against the Economy Recovery will boost oil demand forecast, oil prices fell to 77.43 U.S. dollars closing, hit on October 30 after the minimum billing level for this week, short-term low oil prices has once again been refreshed, Thursday, due to the strong dollar rebound high inventory and demand factors such as combating the confidence of investors concerns, crude oil fell to 74.94 U.S. dollars, to reach one-month low. Period, as U.S. stocks rebound in the Dow Jones index hit a new high and the tropical storm hit the Gulf of Mexico, oil prices Monday to Wednesday of last Friday covering the impact of 80 U.S. dollars decline and mental spaces, but the week Oil The weak demand data hit investor confidence, EIA data show that oil demand last week fell 4.2% to 1,830 million barrels per day, to June 26 the lowest level since the week.

This week, despite the continuous consolidation of crude oil futures is not high, the domestic A-share market also point before the 3200 stop, but the plastic market investors by plastic and warehouse receipts over the weekend with late rally driving, expected overall improvement in settlement price increases coupled with petrochemical distribution and ex-factory price, heavy snow in northern and greenhouse film led to tight supply local demand, Plastic City, the overall tone changed slightly higher spot market prices, broker speculation increased enthusiasm in some areas even entertained for sale phenomenon Although the high transaction difficult, but significant improvement in business confidence, and even plastic and warehouse receipts break up the overall market, market flip over, the price level rising turnover and positions also showed an increasing trend, with good volume and price.

Spot, the week PP This week presents a difficult market situation in the uplink, a hike petrochemical Thursday Friday action, driving the market gradually heating up the atmosphere. Weekly market, a strong atmosphere of confusion, business mentality differences, not hastily operation. But with the price of crude oil and petrochemical prices high in the atmosphere by the PE market, driven by good, PP market finally began to appear more obvious in Thursday's rally. As of the weekend, drawing the mainstream market in the 9800-9900 East China yuan / ton; low melting copolymer prices in 10300-10400 yuan / ton range. PE showed up this week, the overall market trend, the North caused the snow and cold weather and tight supply in some areas Plastic sheeting Increased demand, coupled with Sinopec Group has raised the prices of the two, the market prices of some varieties of fast Pan, of which the most obvious LDPE prices, while LLDPE Gains resign HDPE Demand side has not increased since the materials used, and pre-stock higher, the overall steady. As of the weekend, East China LLDPE mainstream market prices 10900-11200 yuan / ton, LDPE mainstream prices 11800-11900 yuan / ton.

by: gaga

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