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The PE market opens today for 18.05.17
- May 17, 2018 -

The EIA report releases favorable results and international oil prices continue to rise. The latest closing: WTI closed 71.49 up 0.18, Brent closed 79.28 up 0.85.

Yesterday, linear futures high volatility, petrochemical factory price of individual downregulation, the market loss of cost support, downstream inquiry enthusiasm is not high, according to the need to purchase most, traders part of the line falls, shipments are blocked. It is expected that today's PE market continues to be disadvantaged.

Sinopec PE opened - linear: North China reported 9600-9800 yuan / ton, East China reported 9650-10050 yuan / ton, Southern China reported 9650-9750 yuan / ton, central China reported 9750 yuan / ton.