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On February 2, Maoming Branch (Central China) reported the price of LDPE 2426H at 9,000 yuan/ton, down by 100 yuan/ton. PriceSeek analysis of LDPE shows a bearish score of -1. The article indicates that Maoming Branch reported a spot price drop of 100 yuan/ton for LDPE 2426H in the Central China region to 9,000 yuan/ton, suggesting ample market supply or weak demand, which generally exerts bearish pressure on spot prices. The price decline reflects a short-term supply-demand imbalance, possibly due to increased inventory or slower downstream procurement. It is recommended to monitor subsequent changes in supply and demand.
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