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    Home > Chemicals Industry > New Chemical Materials > Lianplastic fell slightly, and the volume warehouse was well coordinated

    Lianplastic fell slightly, and the volume warehouse was well coordinated

    • Last Update: 2022-12-08
    • Source: Internet
    • Author: User
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    The Liansu 1805 contract opened at 9670 yuan / ton, the highest was 9670 yuan / ton, the lowest was 9615 yuan / ton, and closed at 9625 yuan / ton, up 20 yuan, or 0.
    21%.

    The volume decreased to 218166 lots, and the open position decreased by 26924 lots to 436008 lots
    .

    Continuous plastic

    News: The total amount of polyethylene social stocks increased by about 87,000 tons this week, an increase of 26.
    2%, 16%
    lower than the same period last year.
    At present, petrochemical inventories increased by 50.
    1% compared with the pre-holiday period and 1.
    1% higher than the same period last year, mainly due to factors such as the concentration of import sources and the lack of positive terminal pick-up
    .
    After the 15th of the first month, trading in the market will return to normal, and traders inventories are expected to decline
    next week.

    Raw material prices: Naphtha CF Japan reported 563.
    5 tons, down 2.
    04%; FOB Singapore was trading at $61.
    6 a barrel, down 1.
    49%.

    ethylene CFR Northeast Asia 1250, up $0; CFR Southeast Asia was trading at $1190 a tonne, up $
    0.

    Spot price: Far East reported 1210 yuan / ton, flat, the Middle East reported 1184 yuan / ton, flat
    .
    The domestic market rose steadily, with North China Tianjin Daqing reporting 9500 yuan / ton, flat; East China Yuyao Daqing Petrochemical 9600 tons, up 50 yuan; South China Guangzhou Maoming reported 9550 yuan / ton, up 0 yuan; Northwest Dushanzi reported 9500 yuan / ton, unchanged
    .

    Today, the LL1805 contract traded sideways, digesting yesterday's gains
    .
    Fundamentally, the inventory of petrochemical enterprises is high, which has formed a certain suppression
    of futures prices.
    However, petrochemical companies have a strong willingness to raise prices, raw material and spot prices are stable and rising to support prices, and as downstream product enterprises gradually start work, it is expected to digest the high inventory
    of petrochemical enterprises.

    Technically, the LLDPE1805 contract fell slightly, the volume warehouse cooperation is still good, the KDJ indicator continues to rise, and the MACD indicator also appears at a low level of golden cross, and the rebound market is expected to continue
    .
    Operationally, investors can try long in the 9600 first-line light position, stop loss 9530, target 9740 yuan
    .

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