Even the low recovery of plastic exploration and the multi-party forces still have the advantage

On the news front, ethylene volatility in Asia was higher
.
The average price of CFR Northeast Asia ethylene was $780/ton, up $20/ton
from the previous session.
The average price of CFR Southeast Asian ethylene was $700/ton, up $20/ton
from the previous session.

In the spot market, the domestic polyethylene market price is higher
.
In terms of enterprises, the opening price of various varieties of sales companies has mostly increased, with a range of 50-200 yuan / ton
.
Linear futures are higher, there are not many resources in the spot market, and merchants actively overreport shipments, but the downstream mostly holds a wait-and-see attitude, and the real transaction situation is average
.
As of the morning close, North China rose by 50-200 yuan / ton; East China rose by about 100 yuan / ton; South China is 50-100 yuan / ton
.

warehouse receipt inventory, exchange warehouse receipt reported 1563 lots, intraday +0 lots; In the historical median zone
.
Main positions: The top 20 long positions in the main contract are 182095 lots, -4758 lots, short positions are 246742 lots, -12942 lots, and net long positions are -64647 lots, +8184 lots
.

In summary, the easing of Sino-US relations, the tension between the United States and Iran, and the peak of equipment maintenance have supported
the price of LLDPE.
However, weak crude oil has weighed on
prices.
Technically, the current L1909 contract bullish pattern is well preserved, and the lower moving average has formed a certain support for the price, but the pressure of the 8200 yuan line cannot be ignored
.
The indicator MACD oscillated higher, the red bar was slightly longer, and the KDJ indicator hovered at the high, but there were signs of
overbought.
Shows that multiple forces still have the advantage
.