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    Home > Chemicals Industry > New Chemical Materials > Liansu contract shrinks and increases positions, and the futures price fluctuates lower

    Liansu contract shrinks and increases positions, and the futures price fluctuates lower

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    On Thursday, Liansu L2109 contract contracted and increased positions, and the futures price fluctuated lower, closing at 7765 on the day, -70 yuan from the previous trading day; The trading volume was 563061 lots, and the position was reported at 358080 lots, +6347; the basis was 115 yuan
    .

    Continuous plastic

    News: 1.
    Longzhong Information reported on May 27: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 1110 tons, the previous day's bidding volume was 900 tons, the intraday trading volume was 465 tons, and the previous day's trading volume was 799 tons
    .
    Shenhua low pressure intraday bidding volume of 160 tons, previous day's auction volume 0 tons, intraday trading volume 26 tons, previous day's trading volume 0 tons
    .
    Xinjiang high-pressure intraday bidding volume was 314 tons, the previous day's auction volume was 314 tons, the intraday trading volume was 65 tons, and the previous day's trading volume was 0 tons
    .
    2.
    The PE inventory of domestic polyethylene enterprises (oil + coal) fell this week, down 11.
    64%
    from last week.
    In terms of varieties, LDPE inventory fell by 19.
    65%; HDPE inventories fell 3.
    01%; LLDPE inventories fell 16.
    91%.

    Among them, two barrels of oil PE inventories fell by 13.
    22%
    month-on-month.
    Sinopec's PE inventory fell by 11.
    58%; CNPC PE inventories fell 13.
    82%.

    The PE inventory of the manufacturer fell by 8.
    31%
    from last week.

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7880 yuan / ton, -0 yuan
    .
    Warehouse receipt inventory: 7050 warehouse receipts, -0 sheets
    .
    Main positions: Top 20 long positions 205889, -1454; short positions reported 241201, +4024
    .
    Increased
    headroom.

    Summary: The average operating rate of polyethylene enterprises fell back last week, PE production increased, and market supply increased
    .
    This week, the operating rate of PE downstream industries has generally decreased
    from the previous week.
    Among them, the decline of hollow enterprises is particularly obvious, while the operating rate of film enterprises has rebounded
    slightly.
    The inventory of production enterprises continued to decrease, and the inventory of East China also fell slightly, indicating that the pressure on the supply side is not large
    .
    In addition, the National Council twice talked about the commodity price issue triggering the market's expectations for price control, which is expected to suppress the upside of the line line, and Guangdong's peak shifting production is also expected to affect the PE downstream industry
    .
    The intraday L2109 contract was volatile lower, indicating that the upside pressure remained
    .

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