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8 results for keyword "underpin"

PE market to be bullish underpinned by the national policies in 2017

On February 3rd, the first working day, People's Bank of China raised the OMO and SLF interest rate. And monetary policy will continue to be tight in the short term as the requirement of financial de-leveraging and current macroeconomic fundamentals in China.

02-09-2017 14:39:59
LLDPE may be bullish in January underpinned by demand

In early December, PE spot price moved up greatly under increasing LLDPE futures and low petrochemical inventory; and China LLDPE increased to the highest point within 2016 at CNY10,250-10,750/mt by December 13th.

12-29-2016 15:09:50
The decline in PE market will be limited underpinned by the low inventory

According to JLC, the total China PE output by now is 16.17 million/yr, up by 8.09% from 2015. From January to November, the accumulative output was 12.919 million, up by 1.745 million from the same period of 2015, or 15.62%;

12-26-2016 09:42:34
Tight balance between PE supply & demand will underpin the high-level market in December

At the end of November, units of Zhontianhechuang started the operation, filling Sinopec’s blank of capacity in Northwest; the output in December is estimated to be 27,000 mt and will be sold by Sinopec’s marketing company in North China at the first.

12-21-2016 15:02:40
China's low SOE plastic inventory will underpin the PE market in 2017

The petrochemical plastic inventory increased to high level since the Spring Festival in 2016, and was in downward trend after then; by the end of May particularly, the overall inventory declined below 700,000 mt.

12-20-2016 17:55:08
Strengthening USD may underpin the price of polyolefin in China

Introduction： Early in the morning of December 15th, FED declared to raise 25 base points of the interest rate, claiming that the anticipation on inflation increased obviously and labor market had been improved;

12-20-2016 15:35:30
PE market is in poor sales for high price although underpinned by the declined resource

The overall supply of Sinopec in November decreased slightly by 4,615 mt from that in October, among which regional supply of North China and East China accounted for 32% and 23%, and increased by 1,070 mt and 8,241 mt respectively;

11-21-2016 15:58:33
Steady economic growth underpins the bullish PE market

The overall national economy in 2016 was in steady progress. China’s GDP in the third quarter grew by 6.7% on-year, keeping steady from last two quarters.

10-24-2016 16:13:20

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