Iraq and Israel ceasefire caused crude oil slump, this week PP, PE all green
2025-07-03 18:42:37
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During the off-season for demand, PP and PE have been weak and volatile this week
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When the PV field "reverse inwinding" was carried out, EVA stopped falling and stabilized
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Tariffs have disrupted demand and OPEC+ has increased production beyond expectations!
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The policy of limiting the age of ships disrupts the basis, and the high import of methanol is in a game with weak expectations!
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The temporary settlement of tariffs between China and the United States has led to a resurgence of Christmas orders competing for exports
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When the PV field "reverse inwinding" was carried out, EVA stopped falling and stabilized
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Macro positive superposition of crude oil rose, PP, PE market local higher!