Continuous plastic shrinkage and position reduction, and the futures price is narrowly sorted

News: 1.
Longzhong Information reported on November 17: The two oil stocks were 630,000 tons, down 50,000 tons
from the previous day.
2.
Longzhong Information reported on November 17: Shenhua Coal Chemical Industry Shenhua Baotou linear intraday bidding volume was 630 tons, the previous day's bidding volume was 562 tons, the intraday trading volume was 325 tons, and the previous day's trading volume was 561 tons
.
Shenhua low-pressure intraday bidding volume was 300 tons, the previous day's auction volume was 392 tons, the intraday trading volume was 197 tons, and the previous day's trading volume was 292 tons
.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7750 yuan / ton, +0 yuan
.

Warehouse receipt inventory: 1192 warehouse receipts, -0 sheets
.
Main positions: Top 20 long positions 164424, +2485, short positions 182160, -3783
.
Reduced
headroom.

Summary: PE has plans to put new equipment into production, and the number of units for later maintenance is gradually decreasing, indicating that the market supply has increased
.
On the demand side, as the weather gradually gets colder, the demand for agricultural film in the north will recover, and the orders of BOPP companies will also increase steadily, indicating that downstream demand has recovered well, and these factors support
linear prices.
At present, the bulls in the market are in full swing, but it is necessary to prevent a technical correction
in the short term.
In operation, investors can set a take profit and hold it cautiously, but it is not recommended to chase higher
.