Crude oil market supply reduction

This year, the domestic price of imported materials and the formation of inversion become the norm. Import prices at a high one of the reasons is because the domestic petrochemical enterprises gross loss is more serious, thus controlling the amount of petrochemical reduce losses,  oil equipment  supply
reduction under the traders imported materials become the object of pursuit, creating widespread this year, a high level of imported materials phenomenon. In general, the imported materials in addition to domestic needs some special grades rely on imports, general domestic  machine for pellets  materials relative price advantage, but this year, an increase of domestic repair, coupled with cost-push, resulting in high prices of imported raw materials, so imports Manufacturers difficult to profit at all, compared to a loss before April the most serious
because of poor domestic demand, resulting in sharply lower domestic LLDPE prices, the current level of losses eased with the market upturn.