Recently, plastic futures continue to rise, but also further enhance the confidence of businesses on the spot market. The specific point of view, yesterday PE market prices continue to rise, the area of the linear price rose 50-200 yuan / ton. Linear opening futures continued to rise, the petrochemical enterprises continue to pull up the market in the high cost of support, shipments rose with the offer. The terminal inquiry enthusiasm is weak, just need to purchase the main potential.
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With the online trading market, some large petrochemical factory price zone continue to hike, the market cost of support to further enhance. However, the downstream plant no firm purchase volume, terminal digestion ability to track the spot market bearing co.. Is expected in the current petrochemical price and supply relatively tight support, the market will maintain a strong trend.
Hu Jiapeng said that at present, the overall inventory level is still low, and just need to continue steady improvement, coupled with the upper face of backwardation triggered some traders arbitrage demand, the overall stock of supply and demand is still in a relatively good state. However, because the disk prices have risen WaiPan prices, is expected to continue upward pressure will be relatively large, mainly taking into account the import again profit, may make the supply again has certain elasticity, and then to bring pressure on the disk.
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