SunSirs: Narrow Adjustment of China PE Spot Market on December 29

　　On December 29, the three varieties of polyethylene in the spot market were consolidated in a narrow range, with ups and downs. The adjustment range of ex-factory quotation of petrochemical enterprises is in the range of 50-200 RMB/ ton. The rise of international crude oil has brought a certain boost to the market, and the prices in some regions have rebounded. Near the end of the month, the overall trading atmosphere of the market is general, and the downstream maintains replenishment on demand. China PE spot market is expected to maintain consolidation in the short term.