Polyethylene increased 137 CNY/T or 1.67% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Polyethylene reached an all time high of 16230 in June of 2008.
Polyethylene is expected to trade at 8117.18 CNY/T by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 7873.64 in 12 months time.