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    Home > Chemicals Industry > New Chemical Materials > Lianplastic increased positions fell back and multi-party strategies took advantage

    Lianplastic increased positions fell back and multi-party strategies took advantage

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    Market situation: Lianplastic increased positions down, L1909 opened at 8470 yuan / ton, the highest reported 8475 yuan / ton, the lowest reported 8330 yuan / ton, closed 8330 yuan / ton, -1.
    71% from the previous trading day; Volume 378560 lots, +130324 lots; Position 475542 lots, +36090 lots, basis 235 yuan, +60 yuan, 5-9 spreads 85 yuan, +30 yuan
    .

    Continuous plastic

    News: As of April 17, the PE inventory of domestic polyethylene enterprises (oil + coal) showed a rising trend, with a week-on-week increase of 3.
    69%.

    In terms of varieties, LDPE inventory increased by 4.
    29% week-on-week; HDPE inventory rose 1.
    43% week-on-week; LLDPE inventories rose 6.
    34%
    week-on-week.

    Spot market: The domestic polyethylene market continues its downward trend
    .
    In terms of petrochemicals, the linear and high-pressure opening prices of the main regional chemical sales companies were partially reduced, and the cost support was not good
    .
    Linear futures are lower, the spot trading atmosphere is not good, most of the merchants' offers are lowered, and the actual orders are negotiated with the market
    .
    As of the morning close, the North China market fell by 50-150 yuan / ton; The East China market fell by about 50 yuan / ton; The South China market fell by about 50 yuan / ton; The southwest market fell by around 50 yuan / ton
    .

    Warehouse receipt inventory: exchange warehouse receipt reported 0 lots; It is in the historically low area and stable
    during the day.
    Main positions: The top 20 long positions in the main contract are 145231 lots, +12495 lots, short positions are 178810 lots, +11704 lots, and net long positions are -33579 lots, +791 lots
    .

    The firm price trend of crude oil has provided some support to Liansu, but the general downstream demand and high inventories of the two oils have suppressed
    the price of LLDPE.
    Technically, the L1909 contract increased its position and fell, and the futures price broke through the support of multiple moving averages, indicating a weaker
    short-term trend.
    Both trading volume and open position volume have risen
    sharply.
    The main position shows that the main position increase of the long party is slightly greater than the main position increase of the short side, and the long party is slightly superior
    .
    The indicator MACD retreated slightly, the red bar contracted, and the KDJ indicator high dead cross downward, indicating that the bears had the advantage
    .
    Operationally, investors hold short orders cautiously, and short positions can sell short when they rebound
    .

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