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    Home > Chemicals Industry > New Chemical Materials > Even plastic low open high It is recommended to go long on dips

    Even plastic low open high It is recommended to go long on dips

    • Last Update: 2022-12-07
    • Source: Internet
    • Author: User
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    Liansu 1805 contract opened slightly higher, opening at 9370 yuan / ton, the highest 9515 yuan / ton, the lowest to 9360 yuan / ton, closed at 9435 yuan / ton, up 10, or 0.
    11% on a daily basis, the trading volume decreased to 231,400 lots, and the position increased by 33,554 to 314,800
    .

    Continuous plastic

    Raw material prices: Japan naphtha CF Japan was at $599/ton, up 0.
    5; naphtha FOB Singapore was at $65.
    43/barrel, down 0.
    09
    .
    ethylene CFR Northeast Asia 1300, down 1; CFR Southeast Asia was flat at $1,075/mt
    .

    Spot prices: foreign spot market prices rose slightly, the Far East reported 1180 yuan / ton, up 10, the Middle East reported 1155 yuan / ton, up 10
    .
    The market price was basically flat, North China Daqing reported 9800 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9850 tons, flat; South China Guangzhou reported 10,000 yuan / ton, flat; Northwest Dushanzi reported 9700 yuan / ton, unchanged
    .

    News side: 1.
    Fujian United PE equipment first-line conversion HMA016, scheduled by Exxon; Second-tier production 201XV, scheduled by Exxon
    .

    Summary of views: PE inventories have rebounded slightly in the environment of insufficient downstream demand for high-priced raw materials, short-term basis is basically in the normal fluctuation range, and the market is expected to increase imports, and the demand is not good, or limit the price increase momentum
    .
    LLDPE1805 contract opened slightly higher, below to test support around 9300, above focus on testing pressure around 9600, intraday recommended in the 9300-9600 range dip long
    .

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