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    Home > Chemicals Industry > New Chemical Materials > Continuous plastic contracts shrink and increase positions, and the futures price is weak and volatile

    Continuous plastic contracts shrink and increase positions, and the futures price is weak and volatile

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    On Tuesday, the L2109 contract contracted and increased its position, and the futures price was weak and volatile, closing at 7550 on the day, -90 yuan from the previous trading day; The volume was 407853 lots, the position volume was reported 402752 lots, +14620, and the basis was 150 yuan
    .

    Continuous plastic

    News: 1.
    Longzhong Information reported on June 8: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 910 tons, the previous day's bidding volume was 860 tons, the intraday trading volume was 590 tons, and the previous day's trading volume was 42 tons
    .
    Shenhua low-pressure intraday bidding volume was 150.
    65 tons, the previous day's bidding volume was 150.
    65 tons, intraday trading volume was 0 tons, and the previous day's trading volume was 0 tons
    .
    Xinjiang high-pressure intraday bidding volume is 50 tons, the previous day's bidding volume is 50 tons, intraday trading volume is 0 tons, and the previous day's trading volume is 50 tons
    .
    2.
    Longzhong Information reported on June 8: The two oil stocks were 740,000 tons, down 05,000 tons
    from the previous day.

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7700 yuan / ton, -80 yuan
    .

    Warehouse receipt inventory: 6829 warehouse receipts, -100 sheets
    .
    Main positions: Top 20 long positions 218598, +10133, short positions reported 268897, +9170
    .
    Reduced headroom

    Summary: The average operating rate of polyethylene enterprises fell slightly last week, but polyethylene production still increased due to increased
    production capacity.
    Overall, the operating rate of PE downstream industries decreased
    slightly from the previous week.
    In addition to the packaging film enterprises remained stable, the operating rate of other industries fell
    slightly.
    Inventories of production companies have rebounded for two consecutive weeks, indicating that downstream demand is insufficient
    .
    The National Council twice talked about the commodity price issue, which triggered the market's expectations for price control, which is expected to suppress the linear upside, and Guangdong's peak-shifting production is also expected to affect the PE downstream industry
    .
    The intraday L2109 contract was weak and volatile, indicating that the short-term trend is still weak
    .

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