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    Home > Chemicals Industry > New Chemical Materials > Downstream demand is generally falling back to the high of continuous plastic

    Downstream demand is generally falling back to the high of continuous plastic

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Market conditions: Liansu rushed high and fell, L1905 opened at 8450 yuan / ton, the highest reported 8570 yuan / ton, the lowest reported 8435 yuan / ton, and closed at 8505 yuan / ton, +0.
    47% from the previous trading day; Volume 203496 lots; Position 232154 lots, -32106 lots, basis 195 yuan, +20 yuan
    .

    Continuous plastic

    News: The overall operating rate of agricultural film enterprises in March was 47%, +18%
    month-on-month.
    The operating rate in North China was around 34%, +9% month-on-month; Northeast operating rate was 38%, +24% month-on-month; The Northwest region operating rate is at 70%, +33%
    month-on-month.
    March is the peak season for mulch film demand, and the operating rate of mulch film enterprises nationwide has generally risen
    .

    Market: The domestic polyethylene market price is higher
    .
    The opening price of the main regional chemical sales company was partially raised, linear futures fluctuated at a high level, merchants actively followed up the high report, and some stockpiled operations
    .
    At present, the destocking of petrochemical is smooth, and the price is still expected
    to rise.
    As of the morning close, the North China market was 20-100 yuan / ton higher; East China market consolidation; The South China market rose by 100 yuan / ton; The southwest market is temporarily stable
    .

    Warehouse receipt inventory: exchange warehouse receipt reported 0 lots; It is in the historically low area and stable
    during the day.
    Main positions: The top 20 long positions in the main contract are 73055 lots, -9750 lots, short positions are 192434 lots, -13297 lots, and net long positions are -19379 lots, +3546 lots
    .

    The strong trend of crude oil prices has produced some support for Liansu, but the downstream demand is general, the continuous high level of social inventory to a certain extent to suppress the price of LLDPE, technically, the L1905 contract rushed back down, the trading volume was basically the same as yesterday, and the position volume shrank
    sharply.
    The main position shows that the main position reduction of the long party is smaller than the main position reduction of the short side, and the long party occupies the initiative
    .
    The indicator MACD low golden cross, red bar elongated, KDJ indicator slightly higher or, indicating a slight advantage of bullish strength
    .
    In terms of operation, investors hold long positions cautiously, and short positions can buy long positions lightly during the pullback
    .

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