This week, the prices of LDPE plastic raw materials in Asia showed a downward trend, and the downstream demand growth rate was relatively weak. There was no breakthrough in terminal procurement. Domestic domestic traders’ inventory of domestic sources was at a high level, and overall inventory pressure was relatively large. Most of the companies chose Low-cost shipping.
From the perspective of the Southeast Asian market, the overall supply increased, but the downstream demand released less than expected, prices generally fell, the current market is mainly stable. CFR Far East fell 25 US dollars / ton at 1190-1195 US dollars / ton, CFR South East Asia fell 20 in 1210- 1215 US dollars / ton.