Latest information of international crude oil

  Oil futures in August rose $0.93, or 2.4%, to settle at $40.55 a barrel, boosted by the IEA's revised oil demand forecast for this year. September Brent crude oil futures rose $0.89, or 2%, to settle at $43.24 a barrel.

[Market Overview and forecast]

● PE market: last Friday, the market trend was weak, the prices in most regions were reduced by 50 ~ 200 yuan / ton, the linear futures fluctuated downward, the market quotation center of gravity moved downward, and the downstream was mostly in wait-and-see mood, and the transaction was general

● PP Market: last Friday, the market adjusted narrowly, linear futures went down, merchants actively shipped goods, the market had a strong wait-and-see mood, the purchase intention of downstream buyers was not strong, and the market de stocking speed was slow