Asia PE market shows clear rebound on crude,but increase limited

摘要

Tokyo-The Asian polyethylene market showed a clear rebound in early February,buoyed by firming PE demand in China amid bullish crude oil prices,market sources said February 7.However,some sources said the rebound was rather moderate and limited due to the startup of some new PE plants in China as well as the continued influx of US deepsea cargoes.