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Domestic polyethylene market prices showed a downward trend this week. Recently, Petrochemical stocks continue to be high, and the demand of downstream industries is weak, purchasing more insists on just demand, resulting in slow digestion of raw materials, difficult to support the spot market, coupled with the weakening of linear futures in the week as a whole, further damaging the market atmosphere, raw material prices fell in the week mainly, trading focused on negotiation. At present, the linear mainstream price is 8300-8500 yuan/ton, which is 50-250 yuan/ton annually; the high-pressure mainstream price is 8700-9200 yuan/ton, and some of them are 50-150 yuan/ton annually; the low-pressure product prices are falling one after another, ranging from 50-400 yuan/ton.
Domestic polyethylene market prices showed a downward trend this week. Recently, Petrochemical stocks continue to be high, and the demand of downstream industries is weak, purchasing more insists on just demand, resulting in slow digestion of raw materials, difficult to support the spot market, coupled with the weakening of linear futures in the week as a whole, further damaging the market atmosphere, raw material prices fell in the week mainly, trading focused on negotiation. At present, the linear mainstream price is 8300-8500 yuan/ton, which is 50-250 yuan/ton annually; the high-pressure mainstream price is 8700-9200 yuan/ton, and some of them are 50-150 yuan/ton annually; the low-pressure product prices are falling one after another, ranging from 50-400 yuan/ton.
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