Chinese PE pipe grade buying cools down; delicate supply and demand balance for Aug

摘要

SINGAPORE (ICIS)--Chinese polyethylene (PE) pipe grade resin buying is cooling down after purchases in early July as domestic China prices soften. Domestic prices had increased in the previous week on the back of firmer sentiment from the uptrend in the linear low density polyethylene (LLDPE) futures market and domestic price increases in other PE grades.