Inventories fell slightly and LLDPE ended in volatility

Raw material prices: Japan naphtha CF Japan reported 512.
625 yuan / ton, up 4.
51; naphtha FOB Singapore reported 55.
74 US dollars / barrel, up 0.
46
.
Ethylene CFR Northeast Asia was at $1170/ton, up 60, and CFR Southeast Asia was at $1035/ton, up 30
.

Spot prices: foreign spot market prices are basically flat, and Far East is flat at $1130 / ton; The Middle East was flat at $1118/mt
.
Market prices rose slightly, North China Daqing reported 9950 yuan / ton, flat; East China Yuyao Jilin Petrochemical 10,150 tons, flat; South China News 10150 yuan / ton, flat
.
Northwest Dushanzi reported 9950 yuan / ton, unchanged
.

News side: 1, Shanghai Jinfei PE pricing sales: TR480 at 10600, HHM5502 at 10700, HXM50100 at 10900, TR210/TR210HS at 11200.

(: yuan / ton) The plant produces 5502, the device is planned to be stopped for maintenance on January 24, the start-up date is preliminarily set for February 16-17, the deadline for sales and delivery is set at January 25, and the equipment involves a production capacity of 135,000 tons
.

At the end of the year, the source of imported goods increased, the port inventory level rose, but in the short term by the price increase, the social inventory fell slightly, as the Spring Festival approached downstream and logistics companies also gradually holidayed, it is expected that petrochemical inventories will slowly increase, and it is expected that the price rise momentum is limited
.
Technically, the LLDPE1705 contract closed in volatility, short-term lower test of support around 10000, upper test of pressure around 10350, short-term or maintain 10000-10350 range volatility recommended range trading
.