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Liansu 1809 contract opened at 9255, the highest to 9260 / ton, the lowest to 9190 / ton, closed at 9215 / ton, up 30 yuan, or 0.
33%, the volume was 161286, the position decreased by 8998 lots, and the 396054 lot.
News side: Shantou PE market offer is raised, market transaction is average
.
The expected transaction price of linear Fulian 7042 is about
8550 yuan / ton.
The ex-factory price of enterprises in the Yuyao PE market was partially reduced, traders accompanied the offer, the demand at the beginning of the month warmed up slightly, and the market transaction was acceptable
.
It is expected that the linear transaction range is about
9300 yuan / ton.
The ex-factory price of enterprises in Chongqing's PE market was partially reduced, and market traders accompanied the offer, but the market demand was weak, and the real transaction was more negotiable
.
It is expected that the linear mainstream transaction is 9150-9250 yuan / ton
.
Raw material price: naphtha CF Japan reported 660 US dollars / ton, up 1.
19%; FOB Singapore was trading at $72.
27 a barrel, up 1.
08%.
ethylene CFR Northeast Asia 1375 US dollars / ton, flat; CFR Southeast Asia was flat at $1260/mt
.
Spot prices: Southeast Asia was flat at $1170; Far East reported 1150 yuan / ton, flat
.
Domestic prices: North China Daqing reported 9300 yuan / ton, up 100 yuan; East China Yuyao reported 9,300 tons, flat; South China Guangzhou reported 9300 yuan / ton, up 50 yuan; Northwest Dushanzi reported 9,400 yuan, unchanged
.
The 1809 contract opened high and volatile, and the intraday contraction reduced its position
.
Fundamentals coexist with long and short, the central mother's directional reduction of the standard, the peak period of equipment maintenance to form a certain support for the price, but the escalation of the Sino-US trade war, the sluggish downstream demand, and the slow decline in social inventory have suppressed it to a certain extent
.
Technically, the MACD indicator green column turned red, the KDJ indicator low golden cross diverged upward, and the short-term may still come out of the technical rebound market
.
In terms of operation, it is recommended that healthy investors wait and see for the time being, and aggressive investors can test the short at the high of the 9350-9380 line, and pay attention to setting a stop loss
.