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Polyethylene market price volatility rises

In the recent crude oil price situation, the United States passed a $1 trillion infrastructure bill, positive signs of global economic growth supported the demand outlook, and international oil prices continued to rise. NYMEX crude oil futures 12 contract 81.93 rose 0.66 US dollars / barrel or 0.81%; ICE cloth oil futures 01 contract 83.43 rose 0.69 US dollars / barrel or 0.83%. China's INE crude oil futures main contract 2112 rose 6.2 to 522.2 yuan/barrel, and rose 4.3 to 526.5 yuan/barrel in night trading.
In terms of linear futures, the main line-type price fell by -0.21%, with a maximum of 8,993 yuan/ton and a minimum of 8,443 yuan/ton.
In the PE market, the polyethylene market price is adjusted mainly, and the price adjustment range of the main area line type is 100-200 yuan/ton. The disk trend was fluctuating, and the market quotations went up and down. As of the noon closing, the market price fluctuated between 50-100 yuan/ton.

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LGLPAK LTD flexibly formulates response strategies based on the above price fluctuations, stabilizes costs, and ensures that customers can continue to get high-quality products at high-quality prices.


Post time: Nov-12-2021