Continuous plastic shrinkage to increase positions, futures prices high open and fluctuate

News: 1.
Longzhong Information reported on November 12: Yanchang China Coal's 300,000 tons/year full-density plant was converted to DMDB-8916, and the low-pressure unit was 5502
.
The second phase of China Coal is scheduled to be commissioned on November 20, with 300,000 tons/year LDPE/EVA plant
.
2.
Shenhua coal chemical industry Shenhua Baotou linear intraday bidding volume of 612 tons, the previous day's bidding volume of 712 tons, intraday trading volume of 512 tons, the previous day's trading volume of 100 tons
.
Shenhua low-pressure intraday bidding volume was 652 tons, the previous day's bidding volume was 503 tons, the intraday trading volume was 649 tons, and the previous day's trading volume was 106 tons

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7500 yuan / ton, +100 yuan
.

Warehouse receipt inventory: 1033 warehouse receipts, -49 sheets
.
Main positions: Top 20 long positions 155422, -1178, short positions 167600, +1499
.
Increased
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.
The future market focuses on whether the support below is strong
.
Operationally, it is advisable
for investors to wait and see for the time being.