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More off-line PE units dragged supply further
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Relevant information
China PE market faces muted peak season despite policy support
China PE market weakens on oversupply, sluggish demand
National policies and changes in federal funds rate to impact PE market in peak season
China PE prices go range-bound on policy support, limited demand
Jul PE pipe grade output sees falls, Aug output may fall further
China PE prices to see rises on stronger demand
Aug PE industry operating rate to increase, HDPE output to see largest rise
