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    Home > Chemicals Industry > New Chemical Materials > Continuous plastic narrow range volatility investors should wait and see for the time being

    Continuous plastic narrow range volatility investors should wait and see for the time being

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    The Liansu 1809 contract opened at 9520 yuan / ton, the highest to 9540 yuan / ton, the lowest to 9440 yuan / ton, closed at 9520 yuan / ton, down 0 yuan, or 0.
    00%, the trading volume was 252024 lots, and the position decreased by 9126 lots to 448664 lots
    .

    Continuous plastic

    News: Yuyao PE market price is stable, the main futures in the morning opened volatile and fell, the factory price of the enterprise is stable, the real transaction is more negotiable, and the transaction is general.

    Tianjin PE market prices fell, the range was 20-50 yuan / ton
    .
    The offer price of the Shantou PE market was mixed, and the market wait-and-see atmosphere was strong
    .
    The expected transaction price of linear Fulian 7042 is about
    8900 yuan / ton.

    Raw material price: naphtha CF Japan reported 677.
    88 US dollars / ton, up 0.
    82%; FOB Singapore was trading at $74.
    88 a barrel, up 0.
    83%.

    ethylene CFR Northeast Asia 1260 US dollars / ton, flat; CFR Southeast Asia was flat at $1195/mt
    .

    Spot price: Southeast Asia was flat at $1205; Far East reported 1190 yuan / ton, up $
    5.
    Domestic price: North China Daqing reported 9800 yuan / ton, flat; East China Yuyao reported 9,900 tons, flat; South China Guangzhou reported 9850 yuan / ton, flat; Northwest Dushanzi reported 9800 yuan / ton, unchanged
    .

    The Liansu 1809 contract fluctuates
    in a narrow range within the short-term moving average.
    Fundamentally, crude oil is strong, equipment maintenance peaks, and spot prices continue to rise, which supports its prices to some extent
    .

    Technically, the MACD indicator red bar contraction, the KDJ indicator high to form a dead cross, short-term may have technical adjustment requirements
    .
    Operationally, it is advisable
    for investors to wait and see for the time being.

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