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    Home > Chemicals Industry > New Chemical Materials > Continuous plastic shock closed down, and the futures price showed a technical decline

    Continuous plastic shock closed down, and the futures price showed a technical decline

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    Liansu 1809 contract opened at 9160 yuan / ton, the highest to 9215 yuan / ton, the lowest to 9140 yuan / ton, closed at 9175 yuan / ton, down 60, or 0.
    65% per day, the trading volume decreased to 233,000 lots, and the position decreased by 16,142 lots to 122,000 lots
    .

    Continuous plastic

    News side: CNPC East China LLDPE price report: Jilin / Daqing / Dushanzi / Sichuan 7042 fixed 9700 yuan / ton, 7042N fixed 9700 yuan / ton, Lanhua 7042H fixed 9850 yuan / ton, 7042N fixed 9700 yuan / ton, Fushun 7042 fixed 9700 yuan / ton, Daqing DNDA8320 fixed 9800 yuan / ton
    .
    (:RMB/ton)

    Raw material prices: Japan naphtha CF Japan reported 601.
    12 US dollars / ton, down 11.
    88; naphtha FOB Singapore reported 66.
    55 US dollars / barrel, down 0.
    89
    .
    ethylene CFR Northeast Asia 1360 US dollars / ton, down 15; CFR Southeast Asia was flat at $1290/mt
    .

    Spot prices: foreign spot market prices rose, the Far East reported 1185 yuan / ton, up 5, the Middle East reported 1160 yuan / ton, up 5
    .
    Domestic market prices closed down in some areas, with North China Daqing reporting 9,500 yuan / ton, down 50; East China Yuyao reported 9,700 tons, flat; South China Guangzhou reported 9600 yuan / ton, flat; Northwest Dushanzi reported 9700 yuan / ton, unchanged
    .

    The Liansu 1809 contract closed down in volatility, and the long and short battled around the 20-day moving average, and the futures price fluctuation was not large
    .
    Some parts of the domestic plastics market are mixed, and the price in some areas of North China has been loosened, with price adjustments ranging from 50-100 yuan / ton; Some areas in East China are mixed, with a range of 50-100 yuan / ton, and the rest are mainly sorted out; Some parts of South China are mainly sorted out, the market transaction situation is average, and the industry mostly holds a wait-and-see situation
    .

    On the technical side, L1809 closed down, trading and position volume both decreased, the upper 5-day moving average suppressed, MACD red column shrank, KDJ retreated, futures price showed a technical decline
    .
    Operationally, trade
    in the range 9110-9280.

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