Polyethylene market outlook November decide on what path to follow?

reported, the National Day holiday return, polyethylene market ushered in pull up sharply, especially high pressure materials, the performance of the more prominent.

Oil above $50 / barrel mark, petrochemical enterprises turns hike, directly pushed the market price, in addition, the intermediate stock circulation low also played a role in fueling traders took the opportunity to speculation, continue to raise the price, so as to push the wave to the peak.

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With high pressure and linear material as an example, Shanghai petrochemical Q281 ex factory price from 10650 yuan / ton rose to 11800 yuan / ton, up 1150 yuan / ton; market price before the 11000 yuan / ton rose to 12100 yuan / ton, up 1100 yuan / ton. Daqing petrochemical 7042 ex factory price from 9000 yuan / ton rose to 9500 yuan / ton, up 500 yuan / ton; market price before the 9200 yuan / ton rose to 9550 yuan / ton, up 350 yuan / ton.

Polyglutamic acid

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