echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Continuous plastic contracts reduced their positions and futures prices rose slightly

    Continuous plastic contracts reduced their positions and futures prices rose slightly

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Thursday, Liansu L2109 contract reduced its position, and the futures price rose slightly, closing at 8280 on the day, +15 yuan from the previous trading day; The trading volume was 232825 lots, and the position was reported at 171050 lots, -15533; the basis was -30 yuan
    .

    Continuous plastic

    News: 1.
    Longzhong Information reported on August 12: The two oil stocks were 695,000 tons, down 25,000 tons
    from the previous day.
    2.
    Longzhong Information reported on August 12: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 600 tons, the previous day's bidding volume was 647 tons, the intraday trading volume was 500 tons, and the previous day's trading volume was 544 tons
    .
    Shenhua low-pressure intraday bidding volume was 100 tons, the previous day's auction volume was 37.
    625 tons, the intraday trading volume was 32 tons, and the previous day's trading volume was 37.
    625 tons
    .
    Xinjiang high-pressure intraday bidding volume is 50 tons, the previous day's bidding volume is 50 tons, the intraday trading volume is 50 tons, and the previous day's trading volume is 50 tons
    .

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8250 yuan / ton, +100 yuan
    .

    Warehouse receipt inventory: 5347 warehouse receipts, +180 sheets
    .
    Main positions: Top 20 long positions 119809, -11284; short positions reported 119878, -12105
    .
    Reduced
    headroom.

    Summary: The average operating rate of polyethylene enterprises rebounded last week, and the supply of polyethylene increased
    .
    Inventories by production companies have risen, indicating that market supply is slightly greater than demand
    .
    The operating rate of various industries downstream of PE increased slightly compared with the previous week, among which agricultural film enterprises rose, pipe and packaging film enterprises had stable operating rates, and injection molding and hollow industries had declined
    .
    This week, it is expected that the start of agricultural film and wire drawing enterprises will rise slightly, and the downstream operating rate of other varieties is expected to decline
    to varying degrees due to the epidemic and power cuts.
    L2109 edged higher during the day, indicating that bulls still have a certain advantage
    .

    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.