PE Dollar Market: Short-term or Continued Price Rise

2019年09月19日20:23 来源：无

This week, PE dollar market prices rose sharply. Affected by the Black Swan incident, market prices fluctuated broadly. Most foreign investors raised their offers, and some of them were closed. Some end-users were alert to the supply problems in Saudi Arabia, and the replenishment behavior increased. In terms of price, the linear mainstream quotation range in the market is between 860 and 890 US dollars per ton, and several Saudi suppliers plan to offer between 850 and 870 US dollars per ton. Domestic trading enterprises are reluctant to sell their products, and most of their offers are concentrated near the front line of $890 per ton. In terms of wire drawing, the market mainstream quotation range is still 910-950 US dollars per ton, the Indian mainstream wire drawing price in October is about 940 US dollars per ton, and the Egyptian wire drawing Market in October is about 920 US dollars per ton. For injection moulding, part of the price quoted by Saudi injection moulding traders in October is between $890 and $900 per ton. On the hollow side, the mainstream offer of Iranian source traders is between US$890 and 910 per ton, and Saudi hollow market offer is between US$910 and 940 per ton. In terms of low-pressure membrane, foreign mainstream opened at 920-930 US dollars per ton, domestic trading enterprises increased their prices by 10-20 US dollars per ton, Kuwait low-pressure membrane traders reported at 935 US dollars per ton in October, and Shabik source traders reported at 940 US dollars per ton in October. On the high-pressure side, a Saudi supplier's high-pressure offer is $960/ton, and a foreign company in India closes the offer after opening $920/ton. Domestic trade enterprises hold goods but sells them reluctantly. Market offers are scarce, and the mainstream price range is between $920 and $960/ton.

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