[pe morning alert] prices expected to operate weakly

1. Focus Points

1 Cost side: International oil prices have fallen due to market concerns about the risk of oversupply and the trade disputes initiated by the United States, which are suppressing demand prospects. NYMEX crude oil futures for the November contract fell by $0.43 per barrel to $58.27, a decrease of 0.73% from the previous period; ICE Brent crude futures for the December contract fell by $0.48 per barrel to $61.91, a decrease of 0.77% from the previous period. 。

2 Current parking device: Currently, the parking facilities involve 28 sets of polyethylene units, with no new units under maintenance.

3 Yesterday's Market Review: The previous day, the domestic polyethylene market prices fell by 1-47 yuan/ton. There remains a cautious sentiment in the market, and traders continue to sell at reduced prices, resulting in dull transactions.

Core Logic: The marginal improvement in supply and demand is limited, and prices are running weak.

2. Price List Form

3. Market Outlook

Inventory depletion in the mid-to-upstream sectors is slow, and supply pressure remains; downstream operations are increasing, but purchasing willingness is weak. There is macroeconomic uncertainty, limited marginal improvement in supply and demand, and prices are running on the weaker side.

4. Data Calendar