 Home > Chemicals Industry > New Chemical Materials > Even the plastic moving average was strongly sorted out, and the position was greatly reduced during the session

Even the plastic moving average was strongly sorted out, and the position was greatly reduced during the session

 Last Update: 2022-12-09
 Source: Internet
 Author: User

Tags

long term evolution

material

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

The Liansu 1805 contract opened at 9260 yuan / ton, the highest was 9320 yuan / ton, the lowest was 9210 yuan / ton, and closed at 9295 yuan / ton, up 60 yuan, or 0.
65%.

The trading volume was reported 235576 lots, and the position decreased by 45174 lots to 256956 lots
.

Continuous plastic

News: On March 29, 2018, the Ministry of Environmental Protection announced the data of the 9th batch of waste plastic import permits in 2018
.
In this batch, a total of 4 processing companies were publicized, and the approved import volume was 1923 tons
.

Raw material prices: naphtha CF Japan reported 607 US dollars / ton, flat; FOB Singapore was flat at $66.
82 a barrel
.
ethylene CFR Northeast Asia 1385, flat; CFR Southeast Asia was flat at $1285/mt
.

Spot price: Southeast Asia reported 1190 yuan / ton, unchanged
.
Far East reported 1160 yuan / ton, flat
.
North China Tianjin Daqing reported 9300 yuan / ton, up 80 yuan; East China Yuyao Daqing Petrochemical 9450 tons, up 50 yuan; South China Guangzhou Maoming reported 9450 yuan / ton, up 50 yuan; Northwest Dushanzi reported 9400 yuan / ton, unchanged
.

The Liansu 1805 contract relied on the short-term moving average to sort out strongly, and the intraday position was sharply reduced, indicating that there were short funds to take profits
.
Fundamentally, high inventories, downstream demand off-season or some suppression of futures prices, but crude oil fluctuated at a high level, and strong Asian ethylene prices supported it
.

Technically, today's LLDPE closed on the 20-day moving average, and the technical pattern improved
.
The MACD low gold cross signs to the upside, and the KDJ indicator gold cross diverges upward, indicating that the rally is expected to continue
.
Operationally, investors can take long positions lightly when they fall
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Slip Agent Oleamide with 98% purity CAS 301-02-0 oleamid slip aging

CAS No.: 301-02-0

Pharmacy Grade

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

Fluorescent Brightener ER-1 C.I. 199

CAS No.: 13001-40-6

Industrial Grade

$52.86/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

80 20 company(94)

united states logo(227)

ups united states(221)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.