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    Home > Chemicals Industry > New Chemical Materials > Liansu fell slightly, and the short-term trend weakened

    Liansu fell slightly, and the short-term trend weakened

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    L1909 opened at 7835 yuan / ton, the highest was 7885 yuan / ton, the lowest was 7770 yuan / ton, and the close was 7830 yuan / ton, -0.
    82% from the previous trading day; Volume 447940 lots, -150446 lots; Position 651914 lots, +4608 lots, basis 70 yuan, +15 yuan, 9-1 spread 175 yuan, +0 yuan
    .

    Continuous plastic

    In terms of news, Shenhua online PP auction data shows that polypropylene auctioned 2564 tons (2736 tons in the previous trading day), and the transaction was 2004 tons (2532 tons in the previous trading day).

    Some goods were sold 10--30 yuan higher than the reserve price, and some models were sold 80 yuan higher than the reserve price
    .
    The linear auction was 350 tons (800 tons in the previous trading day) and 200 tons were traded (796 tons in the previous trading day), most of which were traded at the reserve price, and some areas were traded
    60 yuan higher.

    In the spot market, the domestic polyethylene market traded lightly, and the trading center of gravity fluctuated narrowly
    .
    In terms of enterprises, petrochemical maintained low inventory, and the opening price of today's main sales companies was temporarily stable, and there were not many
    available resources for sale.
    In terms of the market, the trend of futures has moved downward, coupled with the majority of traders at the end of the month, the overall trading atmosphere of the market is light, the center of gravity of port resources has shifted downward, and domestic resources have been mixed
    .
    As of the morning close, the volatility in North China was 20-100 yuan / ton; The volatility in East China is about 50 yuan / ton; South China was partly 50-100 yuan / ton
    .

    Warehouse receipt inventory: exchange warehouse receipt reported 1518 lots, +0 lots within the day; In the historical median zone
    .
    Main positions: The top 20 long positions in the main contract are 187634 lots, +1732 lots, short positions are 254919 lots, +61 lots, and net long positions are -67285 lots, -4391 lots
    .

    Summary: The tense situation between the United States and Iran, the peak of equipment maintenance, and the decline in social inventory supported the price of LLDPE
    .
    But after continuous gains, there are signs of
    overbought in the short term.
    Technically, the current L1909 contract has fallen slightly, the 5-day moving average has lost hope, and the short-term trend has weakened
    .
    The indicator MACD rose slightly, but the red bar contracted, and the KDJ indicator also showed signs of a high retreat, indicating that the short-term bullish strength has weakened
    .
    In terms of operation, investors can reduce their holdings at high prices and drop their pockets for safety
    .

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