At the end of the year, import sources increased, and LLDPE ended in shock

Raw material prices: Japan naphtha CF Japan reported 497.
5 yuan / ton, down 7.
88; naphtha FOB Singapore reported 53.
71 US dollars / barrel, down 0.
78
.
Ethylene CFR Northeast Asia was at $1110/ton, down 10, and CFR Southeast Asia was at $985/ton, up 5
.

Spot prices: foreign spot market prices fell slightly, Far East reported 1140 US dollars / ton, down 5; The Middle East was at $1128/mt, down 4
.
Market prices rose slightly, North China Daqing reported 10,000 yuan / ton, flat; East China Yuyao Jilin Petrochemical 10,150 tons, flat; South China News 10150 yuan / ton, flat
.
Northwest Dushanzi reported 9800 yuan / ton, unchanged
.

News side: 1.
Daqing Petrochemical PE plant dynamics, the old high-voltage device produces 18D, and the new high-voltage device produces 2426F; Linear device production 8320; Full-density first-line production 2480, second-line production 9047; The low-voltage A line produces 5000S, the B line produces 5000S, and the C line produces QL505P
.

At the end of the year, the source of imported goods increased, the port inventory level rose, the downstream began to stop work and holiday near the Spring Festival, demand weakened, and social inventory increased, but in the peak season of mulch film consumption, the demand for terminal mulch film gradually started, traders after the price pullback or bargain stocking, limiting the price decline space, is expected to maintain range volatility
in the short term.
Technically, LLDPE1705 contract volatility closed higher, short-term lower test around 9600 support, upper test around 10000 pressure, short-term is expected to maintain a strong shock in the 9600-10000 range, it is recommended to trade long in the 9600-10000 range
.