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Live News | Time:Jan 11 2017 11:18AM
PE market mostly quiet and steady
 
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In East China, apart from the fluctuations in LLDPE futures and related spot market, most sources are steady. Downstream only purchases to cover need-to quantity. Traders offer for LLDPE at 9,850-10,150yuan/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 10,100-10,500yuan/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.

Offers are mostly flat in North China market, while transaction is thin, with only a few volumes concluded for downstream rigid demand. Traders offer for LLDPE at 9,800-10,000yuan/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 mostly steady, as ex-works offers stay flat. Demand is mild, and transaction is cautious. Most traders offer for LLDPE at 10,000-10,150yuan/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.


$1=CNY 6.94
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