On November 8, the polyethylene spot market declined

On November 8, the spot price of polyethylene in China decreased slightly, by 50-100 yuan/ton. International crude oil futures prices fell on the 7th, which was bad for the market. The shutdown devices of polyethylene production enterprises have been started successively. The output has increased compared with last week, and the market supply pressure is expected to increase. The demand for agricultural film is gradually weakening, and the peak season is nearing the end. It is expected that it will still decline in the short term.

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