Business News LLDPEAugust 2 Average Undergoing Average -33.83 Yuan/Ton

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According to the monitoring of the business agency, the average difference of LLDPE on August 2 was -33.83 yuan/ton (average difference = M10-M20 = 8298.17-8332.00).

On the same day, the LLDPEM10 moving average crossed the M20, and the average difference turned from positive to negative, indicating that the market had a decline or adjustment signal.

【Divided Difference Principle】

(Source: Business Society)

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