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Live News | Time:Jan 10 2017 11:28AM
PE market steady to weak, deals done in small lots
 
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Prices of PE are narrowly shifting in East China. As part of ex-works offers drop, buy interest lingers low. Most players keep watching market. Traders offer for LLDPE at 9,800-10,100yuan/mt (with anti-blocking agent above 10,300yuan/mt), LDPE at 11,600-12,000yuan/mt, HDPE film-grade and coal-based medium-MFR injection-grade at 10,200-10,500yuan/mt and 9,900-10,000yuan/mt, Yangtze raffia 5000S at 10,450yuan/mt, Jilin pipe 100S at 10,200yuan/mt, by cash, delivered in E. China.
PetroChina East cuts part of offers for LDPE by 200yuan/mt, by cash, ex-works.

North China market is mainly steady. Trading is mostly in small lot and sentiment is flat. Traders offer for LLDPE at 9,750-10,000yuan/mt, LDPE at 11,600-12,000yuan/mt, and HDPE (raffia 5000S, blow-molding 5502 and injection 7260) at 10,350yuan/mt, 10,300yuan/mt, and 10,300yuan/mt, by cash, delivered in N. China.

S. China market is dampened by the price fall in futures, petrochemical suppliers, Most traders offer for LLDPE at 10,100-10,200yuan/mt, LDPE at 12,000-12,200yuan/mt, and HDPE (Maoming blowmolding 5502LW, Daqing 5000S) at 10,300yuan/mt and 10,800yuan/mt, by cash, delivered in S. China.
Sinopec South cuts offers for LLDPE down by 100yuan/mt, by cash, ex-works.


$1=CNY 6.95
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