Continuous plastic rush high retreat Pay attention to the pressure of the upper moving average

In terms of news, the domestic general material market atmosphere has cooled, and the market has returned to weakness
.
At present, the market is once again dominated by
bearishness.
First of all, national crude oil and monomer both declined, weakening cost support; Secondly, some petrochemical enterprises have lowered their ex-factory prices, suppressing the mentality of the industry; Third, downstream manufacturers have limited enthusiasm for entering the market, low willingness to stock up, and slow follow-up of actual transactions
.
Affected by this, traders are confused, in order to avoid future market risks, let profits take goods
.

Inventories at major polyolefin ports declined this week, with the total number of major port depots at 401,400 tonnes as of July 19, down 17,000 tonnes from last week and 43,500 tonnes
from a year earlier.
The inventories of major ports fell year-on-year, indicating that the current import sources have little impact on the domestic market
.

In the spot market, the domestic polyethylene market price is mixed, and the transaction atmosphere is not good
.
In terms of enterprises, most of the low-pressure opening prices in the main regions have been reduced, with a range of about 100 yuan / ton, and the rest of the varieties have not been adjusted much
.
In terms of supply and demand, the current two oil inventories are rising, but the port inventory is showing a downward trend, North China has once again introduced environmental protection peak production policy, demand side expectations are weak, at present, merchants are waiting and seeing, adjusting the offer according to their own resources, and negotiating the transaction
in real orders.
As of the noon close, the volatility in North China was 30-100 yuan / ton; The volatility in East China is about 100 yuan / ton; The volatility in South China is about 50 yuan / ton
.

Summary: The decrease in supply during the peak period of equipment maintenance has some support for it, but the domestic general material market atmosphere has cooled and the market has returned to weakness
.
Downstream manufacturers have limited enthusiasm for purchasing in the market, low willingness to stock up, and slow follow-up of actual transactions
.
Affected by this, some petrochemical enterprises have lowered their ex-factory prices, suppressing the mentality
of the industry.
Traders are confused, in order to avoid future market risks, let profits take the
main thing.
Moreover, the operating rate of downstream enterprises continues to be low, and the rise in social inventory has also put a certain pressure
on prices.
It is expected that in the short term, Liansu is more likely to maintain a weak shock, and pay attention to the pressure
of the upper moving average in the later stage.
In operation, investors can set the take profit for short orders in their hands and hold
them cautiously.