Even the plastic test low recovery The bullish pattern was maintained

News: Guangzhou PE market offer price rises, linear product market transaction price is about 9700-9750 yuan / ton, the market wait-and-see mainly, real transaction negotiation
.
The market price of Yuyao PE has partially risen, the intention of downstream customers is not high, and the market transaction is general.

Changzhou market part of the rise, the factory price of enterprises is partially raised, and the trading offer of traders is partly up
.
The linear trading range is 9700-10000 yuan / ton
.

Raw material price: naphtha CF Japan reported 653.
62 US dollars / ton, up 3.
26%; FOB Singapore was trading at $72.
07 a barrel, up 2.
88%.

ethylene CFR Northeast Asia 1260 US dollars / ton, flat; CFR Southeast Asia was flat at $1195/mt
.

Spot prices: Southeast Asia was flat at $1200; Far East reported 1185 yuan / ton, unchanged
.
Domestic price: North China Daqing reported 9800 yuan / ton, up 100 yuan; East China Yuyao reported 9900 tons, up 100 yuan; South China Guangzhou reported 9900 yuan / ton, up 50 yuan; Northwest Dushanzi reported 9750 yuan / ton, up 50 yuan
.

Liansu 1809 contract retested the 5-day line after receiving support and then rebounded low, and the bullish pattern was maintained
.

Fundamentally, crude oil trend is strong, equipment maintenance peak, spot prices continue to rise, to a certain extent to support its price, but the slow decline of social inventory, which suppresses
the price.

Technically, the MACD indicator operates in a strong zone, but the KDJ indicator has entered the overbought zone and there are signs of flattening, short-term or technical correction requirements
.
In terms of operation, aggressive investment can reduce its holdings when it hits high in the early stage, and then regain it after the recovery
.
Prudent investors can set a take profit in their hands and hold
them cautiously.