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    Home > Chemicals Industry > New Chemical Materials > Even plastic exploration low recovery strategy advantage

    Even plastic exploration low recovery strategy advantage

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Market situation: Lian Plastic probe low recovery, L1909 opened 8330 yuan / ton, the highest report was 8355 yuan / ton, the lowest report was 8285 yuan / ton, and the close was 8330 yuan / ton, -0.
    89% from the previous trading day; Volume 267230 lots, -111330 lots; Position 488014 lots, +12472 lots, basis 220 yuan, -15 yuan
    .

    Continuous plastic

    News: In late April, the downstream mulch film industry has entered the end of the peak season, North China is expected to enter the closing stage at the end of this month, Northwest China will also enter the production off-season in May, the linear demand of the mulch film industry will gradually decrease, and the polyethylene market will maintain a trend of shock weakening in late April
    .

    Spot market: The domestic polyethylene market continues to decline
    .
    In terms of petrochemicals, the linear, high-pressure and low-pressure opening prices of the main regional chemical sales companies have been lowered, linear futures fluctuate at a low level, spot merchants do not ship smoothly, offers are lower, upside down to find transactions, downstream goods are cautious, real negotiations
    .
    As of the morning close, the North China market fell by 100-150 yuan / ton; The East China market fell by about 100 yuan / ton; South China market down 50 yuan / ton; The southwest market fell around 50 yuan / ton
    .

    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 148194 lots, +2963 lots, short positions are 181972 lots, +3162 lots, and net long positions are -33778 lots, -199 lots
    .

    The firm price trend of crude oil has provided some support to Liansu, but the general downstream demand and high inventories of the two oils have suppressed
    the price of LLDPE.
    Technically, the L1909 contract is weak, and the futures price is below the short-term moving average, indicating a weaker
    short-term trend.
    Trading volume shrank sharply, while open positions rose
    sharply.
    The main position shows that the main position increase of the long side is slightly smaller than the main position increase of the short side, and the short side is slightly superior
    .
    The indicator MACD retreated slightly, the red bar contracted, and the KDJ indicator high dead cross downward, indicating that the bears had the advantage
    .
    Operationally, investors hold short orders cautiously, and short positions can sell short when they rebound
    .

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