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    Home > Chemicals Industry > New Chemical Materials > Even plastic shrinkage increased position, and the futures price fluctuated lower

    Even plastic shrinkage increased position, and the futures price fluctuated lower

    • Last Update: 2022-12-19
    • Source: Internet
    • Author: User
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    On Thursday, Liansu L2101 contract contracted and increased positions, and the futures price fluctuated lower, closing at 7175 on the day, -55 yuan from the previous trading day; The volume was 238654 lots, and the position was reported 251197 lots, +1424; the basis was 125 yuan
    .

    Continuous plastic

    News: 1.
    Shenhua Coal Chemical Industry Shenhua Baotou linear bidding volume today 812 tons, yesterday's bidding volume 812 tons, today's trading volume 0 tons, yesterday's trading volume 82 tons
    .
    2.
    The PE inventory of domestic polyethylene enterprises (oil + coal) fell this week, with a week-on-week decrease of 10.
    33%.

    Among them, the total inventory of PE of two barrels of oil showed a downward trend, with a week-on-week decline of 10.
    33%.

    Sinopec's PE inventory decreased by 20.
    79% from last week; CNPC PE inventories fell 5.
    98%
    from last week.
    The total PE inventory of coal enterprises declined, with a week-on-week decrease of 3.
    08%.

    3.
    The downstream agricultural film industry started work at 40.
    5% this week, up 1.
    1 percentage points week-on-week; the pipe industry started work at 49%, down 1 percentage point week-on-week; The operating rate of the packaging film industry was 69.
    6%, up 2.
    7 percentage points
    week-on-week.

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7300 yuan / ton, +0 yuan
    .

    Warehouse receipt inventory: 1568 warehouse receipts, -15 sheets
    .
    Main positions: Top 20 long positions 166978, +589, short positions 164442, -2226
    .
    Net idling to net more
    .

    Summary: The operating rate of downstream agricultural film enterprises has rebounded, and the recent polyolefin inventory in major domestic ports has remained in the historical low area, indicating that the short-term supply pressure is not large
    .
    However, after entering the end of September, PE has a new device production plan, and the later maintenance of the equipment gradually decreased, it is expected that the market supply will increase significantly in the later stage, in addition, the trend of crude oil weakened, but also to a certain extent to the price of plastics to a certain extent
    .
    Operationally, the short orders in the hands of investors can be set to take profit and held
    cautiously.

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