Continuous plastic low opening oscillation Short orders can be held with caution

News: Domestic polyethylene market prices are mixed
.
The factory price of low-pressure injection molding in North China was reduced by 150 yuan / ton, and the market price continued to be weak, and the varieties fell by about 50-150 yuan / ton; The linear ex-factory price of East China Sinopec was raised by 100 yuan / ton, the market linear rose by 50 yuan / ton, the high pressure fell 50 yuan / ton, and the low pressure fell by 100 yuan / ton; The ex-factory price of low pressure in South China was reduced by 100-200 yuan / ton, and the market followed the fall, and the high pressure and linear change were not large
.

Raw material price: naphtha CF Japan reported 466.
88 US dollars / ton, -0%; FOB Singapore is trading at $49.
53/b, -0%.

ethylene CFR Northeast Asia 940 USD/ton, +0%; CFR Southeast Asia is trading at $830/mt, +0%.

Spot price: Southeast Asia quoted $1040, -0%; Far East reported $1020/mt, +0%.

Domestic price: North China Daqing reported 9200 yuan, -1.
06%; East China Yuyao reported 9350 yuan, -0%; South China Guangzhou 9350 yuan, -0%; Northwest Dushanzi 9400 yuan, -0.
53%.

The Liansu 1905 contract opened low and fluctuated, the trading volume was significantly enlarged, and the position volume was greatly reduced
.
Fundamentally, ethylene stopped falling and stabilized to form some support for prices, but the weak trend of crude oil hit market confidence
.
Technically, the MACD axis flattened, the red bar became shorter, and the KDJ indicator turned downward at a high level, indicating that the rebound may be over
.
Operationally, investors can hold short orders cautiously
.