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The PE market opens today for 18.05.16
- May 16, 2018 -

[PE morning] PE market opened today prompted 18.05.16 geopolitical concerns to boost oil prices, the US dollar strengthened or increased. The latest closing: WTI closed 71.31 up 0.35, Brent closed 78.43 up 0.2.

Yesterday, linear futures low volatility, part of the petrochemical factory price slightly down, bruising the market trading atmosphere, some traders to make profits to promote the transaction, the downstream demand is flat, according to the demand for most of the purchase. It is expected that today's PE market will be disadvantaged.

Sinopec PE opened - linear: North China reported 9600-9800 yuan / ton, East China reported 9650-10050 yuan / ton, Southern China reported 9750-9900 yuan / ton, central China reported 9750 yuan / ton.