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Even plastic volume reduction position, weak futures price consolidation

 Last Update: 2022-12-19
 Source: Internet
 Author: User

Tags

crude oil sds

north china

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On Wednesday, Liansu L2101 contract reduced its position, and the futures price was weak, closing at 7235 on the day, -85 yuan from the previous trading day; The volume was 272585 lots, and the position was reported 249773 lots, -11118; the basis was 65 yuan
.

Continuous plastic

News: 1.
Today's two barrels of oil and petrochemical stocks reported 645,000 tons, down 30,000 tons
from yesterday.
2.
Shenhua coal chemical industry Shenhua Baotou linear bidding volume today 812 tons, yesterday bidding volume 812 tons, today's trading volume 82 tons, yesterday trading volume 19 tons

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7300 yuan / ton, -50 yuan
.

Warehouse receipt inventory: 1583 warehouse receipts, -26 sheets
.

Main positions: Top 20 long positions 166389, -7782, short positions 166708, -
10522.
Reduced
headroom.

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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