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On Thursday, the LLDPE1609 contract closed down in volatility, testing pressure around 8200 above, focusing on support around 7850 below, and expected to maintain short-term volatility in the 7850-8200 range, short-term recommended range bargain hunting
.
Raw material prices: 1, Japan naphtha CF Japan reported 416.
75 yuan / ton, down 5; Naphtha FOB Singapore was trading at $44.
25 a barrel, down 0.
71
.
Ethylene CFR Northeast Asia was at $1080/ton, down 10, and CFR Southeast Asia was flat at $1065/ton
.
Spot price: the foreign spot market price is basically flat, and the Far East is reported at 1090 US dollars / ton, flat; The Middle East was flat at $1080/ton; The domestic market price was basically flat, North China Daqing reported 8500 yuan / ton, flat; East China Yuyao Jilin Petrochemical 8850 tons, flat; South China reported 8800 yuan / ton, flat
.
Northwest Dushanzi reported 8500 yuan / ton, unchanged
.
News side: 1, Yanshan Petrochemical PE device: the first line of the old high voltage is stopped on the 28th, the second line is planned to stop and repair on the 27th, the third line is scheduled to stop and repair on the 26th, the new high voltage starts to stop and repair on the afternoon of the 24th, the first line of low voltage is stopped and repaired on the 26th, and the second line is stopped for maintenance on the 26th
.
Warehouse receipt data: 477, down 42 from the previous trading day
.
Short-term social inventory fell slightly, the overall social inventory pressure is not large, and petrochemical profits remain at a relatively low level, although the traditional demand off-season, but petrochemical prices remain firm, coupled with the repair of the futures price spread rebound, the expected decline in futures prices is limited
.