Continuous plastic high open low go pay attention to whether the support below is strong

News: Shenhua coal chemical industry Shenhua Baotou linear intraday bidding volume of 400 tons, previous day's bidding volume of 700 tons, intraday trading volume of 110 tons, previous day's trading volume of 250 tons
.
Shenhua low-pressure intraday bidding volume was 292 tons, the previous day's bidding volume was 300 tons, the intraday trading volume was 32 tons, and the previous day's trading volume was 0 tons
.

Spot market: domestic polyethylene market price adjustment
.
The opening price of the sales company is narrowly adjusted, the merchant spot resources at the end of the month are not much, the offer is mixed, the downstream is cautious, and the market is slightly lighter
.
As of the noon close, the North China market adjusted around 50 yuan / ton; East China market adjustment 50-100 yuan / ton; South China market part 50 yuan / ton
.

Warehouse receipt inventory: exchange warehouse receipts reported 116 lots, intraday -0 lots
.
Main position: the top 20 long positions in the main contract are 212040 lots, -16340 lots, short positions are 247351 lots, +1810 lots, net positions are -35311 lots, net short increases
.

Summary: The global economy is weak
due to the pandemic.
The IMF also lowered its global GDP growth forecast to -3%, which weighed on market confidence and crude oil fell
slightly.
In the industrial chain, the demand for agricultural film is basically over, the demand for shed mold has not yet begun, and the demand for packaging film is basically stable, but the production of plastic products increased significantly in March, and after entering May, the maintenance of the device has increased, which is expected to form a certain support for continuous plastic, and the market will focus on whether the support below is strong
.
Operationally, it is advisable
for investors to wait and see for the time being.