Continuous Plastic Sideways Holdings continued to increase slightly

News side: PE market: Today's North China market prices are mixed by about 50-100 yuan / ton, high pressure down about 50 yuan / ton, low pressure down about 50 yuan / ton, linear rise of about 50-100 yuan / ton, market transaction is general
.
The offer in the South China market did not change much and was relatively stable
.
The ex-factory price of pipe in the East China market was raised by 100 yuan / ton, and the market as a whole increased slightly by about
50 yuan / ton.

Raw material price: naphtha CF Japan reported 643 US dollars / ton, up 1.
18%; FOB Singapore was trading at $70.
16 a barrel, up 1.
28 percent
.
ethylene CFR Northeast Asia 1400 US dollars / ton, flat; CFR Southeast Asia was flat at $1260/mt
.

Spot price: Southeast Asia was flat at $1125; Far East reported 1120 yuan / ton, unchanged
.
Domestic price: North China Daqing reported 9850 yuan, up 30 yuan; East China Yuyao reported 9850 yuan, flat; South China Guangzhou 9750 yuan, flat; Northwest Dushanzi 9800 yuan, flat
.

The Liansu 1901 contract opened slightly higher as it continued to increase
slightly throughout the day around the intraday moving average.
Fundamentally, the decline in social inventory and the firm spot price have formed a certain support for the price, but the continuous rise in the early stage has led to a certain profit selling pressure
in the short term.

Technically, the MACD indicator red bar has signs of flattening at a high level, while the KDJ indicator continues to be in a top divergence state, and it is necessary to guard against technical adjustments
in the short term.
Operationally, investors temporarily wait and see or take intraday short-term trading
.