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    Home > Chemicals Industry > New Chemical Materials > Continuous plastic low oscillation downstream demand has weakened

    Continuous plastic low oscillation downstream demand has weakened

    • Last Update: 2022-12-18
    • Source: Internet
    • Author: User
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    On Wednesday, the Liansu L2009 contract fluctuated at a low level, closing at 5730 yuan / ton, -140 yuan from the previous trading day; Volume 779041 lots, -39606; Position 358788 lots, -19763 lots, basis 190 yuan, -90 yuan; 5-9 spreads 80 yuan, +25 yuan
    .

    Continuous plastic

    News: Shenhua Coal Chemical linear intraday bidding volume of 1700 tons, previous day's bidding volume of 1314 tons, intraday trading volume of 85 tons, last day's trading volume of 28 tons
    .
    Shenhua low-pressure intraday bidding volume is 300 tons, previous day's bidding volume is 300 tons, intraday trading volume is 0 tons, and the previous day's trading volume is 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 20 tons
    .

    Spot market: The domestic polyethylene market price continues to fall
    .
    The opening price of the sales company continued to decrease, ranging from 100-900 yuan / ton, linear futures opened low, spot merchants continued to lower their quotations, and the market transaction atmosphere improved slightly compared with the previous day
    .
    As of the midday close, the North China market fell 150-550 yuan / ton; East China market fell 50-300 yuan / ton; The South China market fell 50-100 yuan / ton
    .

    Warehouse receipt inventory: exchange warehouse receipt reported 135 lots, intraday - 45 lots
    .
    Main position: the top 20 long positions in the main contract are 214806 lots, -13244 lots, short positions are 251001 lots, -15380 lots, net positions are -36195 lots, net space is reduced
    .

    Summary: At present, the epidemic in Europe and the United States has not yet peaked, and the IMF also lowered its global GDP growth forecast this week, from the previous 3.
    3% to -3%, affected by this, the market is worried that crude oil demand has fallen sharply, and the market is seriously oversupplied, which has suppressed market confidence
    .
    In the industrial chain, the current downstream demand for plastics has weakened
    .
    The demand for agricultural film is basically over, the demand for shed mold has not yet begun, the demand for packaging film is basically stable, and after the sharp rise in the price in the early stage, the spot market transaction has been greatly reduced, indicating that the downstream high price is not very willing to take goods, these factors have formed a certain pressure
    on the price.
    In terms of operation, it is recommended that investors set a take profit for short orders in their hands and hold
    them cautiously.

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