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    Home > Chemicals Industry > New Chemical Materials > Continuous plastic period price narrow finishing Pay attention to whether the upper pressure can be broken

    Continuous plastic period price narrow finishing Pay attention to whether the upper pressure can be broken

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    On Thursday, Liansu L2109 contract reduced its position, and the futures price was narrowly sorted, closing at 7615 on the day, +50 yuan from the previous trading day; The trading volume was 363267 lots, and the position was reported 388895 lots, -6238; the basis was 85 yuan
    .

    Continuous plastic

    News: 1, into June, overseas equipment maintenance gradually reduced, the overall supply pressure is greater, due to Southeast Asia affected by the epidemic, demand weakened, the main supply in the Middle East will be transferred to the Chinese market, it is expected that China's polyethylene imports in June are about 135-1.
    45 million tons, significantly higher than the previous two months
    .
    2.
    Longzhong Information reported on June 10: Shenhua Coal Chemical Industry Shenhua Baotou linear bidding volume was 766 tons, the previous day's bidding volume was 698.
    25 tons, the intraday trading volume was 156 tons, and the previous day's trading volume was 554 tons
    .
    Shenhua low-pressure intraday bidding volume was 133.
    575 tons, the previous day's bidding volume was 150.
    65 tons, the intraday trading volume was 48 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, the intraday trading volume is 30 tons, and the previous day's trading volume is 50 tons
    .

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7700 yuan / ton, -0 yuan
    .

    Warehouse receipt inventory: 6709 warehouse receipts, -60 sheets
    .
    Main positions: Top 20 long positions 212485, -4007; short positions reported 260787, -4037
    .

    Summary: The average operating rate of polyethylene enterprises fell slightly last week, but polyethylene production still increased due to increased
    production capacity.
    The operating rate of various downstream industries in PE generally 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 L2109 contract fluctuates in a narrow range during the day, and tomorrow we will pay attention to whether the pressure on the 7710 line can be broken
    .

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