The most popular PE market today may maintain a we

  • Detail

Today's PE market may maintain a weak pattern

international crude oil: due to the gradual recovery of Libyan crude oil production and the diminishing possibility of the United States' attack on Syria, the market's concern about the interruption of crude oil supply in the Middle East slowed down, and the crude oil price fell below $105, with an overall decline of more than 1.5%. At the close of trading on Friday (September 20), the 13-year October futures of light crude oil on the New York Mercantile Exchange were $104.67 a barrel, down $1.72. London Intercontinental Exchange Brent October 2013 adjusted string goods at $109.22 a barrel, up $0.46

demand: in the peak demand season, the end user's demand for raw materials increases, but the market negative factors increase. The buyer takes a cautious wait-and-see attitude towards high priced raw materials and purchases cautiously

market analysis and prediction: before the holiday, the price of oil fell, and the price of petrochemicals continued to fall. The market fell under the pressure of bad news. Now the ex factory price of high-pressure 2426h is about 12500 yuan/ton, and the ex factory price of linear 7042 is about yuan/ton. At present, the confidence of market participants in the future market is weak, and the bearish mentality still exists. It is expected that before the National Day holiday, the PE market may maintain a weak position, such as repair welding of DN500 welded pipe, 3-way pipe, elbow, short parts and 4-way drainage pipe, and replacing some damaged flanges; Inspect, repair, process and replace the hand wheel of the butterfly valve; The 40t scraper chain, Horseshoe Ring, bolt and nut were selected, derusted and cleaned with oil. Today, the PE market was closed or mainly through negotiation

therefore, it is also decided to adopt the single arm type. The copyright of this article comes from the peanut shell, which belongs to the original author. It is only for everyone to share and learn. If the author thinks that infringement is involved, please contact us, and we will delete it immediately after verification

Copyright © 2011 JIN SHI