Continuous plastic shrinkage and position reduction, futures price weak shock

News: 1.
Longzhong Information reported on December 3: The two oil stocks were 660,000 tons (yesterday's revised inventory was 645,000 tons), an increase of 15,000 tons
from yesterday.
2.
Longzhong Information reported on December 3: Shenhua coal chemical industry Shenhua Baotou linear bidding volume today 562 tons, yesterday's bidding volume 662 tons, today's trading volume of 200 tons, yesterday's trading volume 0 tons
.
Shenhua Low Pressure bid 31.
275 tons today, 31.
28 tons yesterday, 0 tons today, 0 tons yesterday

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7950 yuan / ton, -20 yuan
.

Warehouse receipt inventory: 977 warehouse receipts, -24 sheets
.
Main positions: Top 20 long positions 133997, -5650, short positions 144903, -8244
.
Reduced
headroom.

Summary: Two barrels of oil and petrochemical inventories continue to remain low, indicating that there is little pressure on the supply side
.
However, in December, PE had plans to put new equipment into production, and the number of units for later maintenance gradually decreased, indicating that the market supply has increased
.
As the weather gradually becomes colder, the demand for pipes in the north gradually weakens, the demand for agricultural film is general, and only the demand for packaging film is still good
.
It is expected that there will still be a pullback requirement at a
later stage.
Operationally, investors can set short orders in their hands to take profit and hold
them cautiously.