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    Home > Chemicals Industry > New Chemical Materials > Liansu high opening oscillation, inventory fell slowly

    Liansu high opening oscillation, inventory fell slowly

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
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    Liansu 1809 contract opened at 9275 yuan / ton, the highest to 9315 yuan / ton, the lowest to 9250 yuan / ton, closed at 9260 yuan / ton, up 25 yuan, or 0.
    27%, the volume was reported at 214770 lots, and the position decreased by 6586 lots to 423458 lots
    .

    Continuous plastic

    News side: Shaanxi Shenhua Shenmu 300,000 tons/year LDPE plant was overhauled on April 6, and now the MTO unit is started, and ethylene and propylene
    have been produced.

    Raw material prices: Japan naphtha CF Japan reported 626.
    12 US dollars / ton, down 0.
    24%; Naphtha FOB Singapore was at $68.
    84 a barrel, down 0.
    19%.

    ethylene CFR Northeast Asia 1309 US dollars / ton, down 26; CFR Southeast Asia was trading at $1260/mt, down 10
    .

    Spot prices: Southeast Asia was flat at $1200; Far East reported 1175 yuan / ton, unchanged
    .
    Domestic price: North China Daqing reported 9550 yuan / ton, flat; East China Yuyao reported 9650 tons, flat; South China Guangzhou reported 9600 yuan / ton, flat; Northwest Dushanzi reported 9700 yuan / ton, unchanged
    .

    The 1809 contract opened high and fluctuated, and the upper part tested the pressure near the 60-day moving average and then reduced its position and fell
    .
    Fundamentally, the short-term social inventory has fallen slowly, and imported goods have increased sharply year-on-year or limited the upward
    momentum of prices.
    Technically, the KDJ indicator turned upwards and focused on the upper Bollinger band pressure
    in the short term.
    Operationally, it is recommended that investors can trade
    in the range of 9200-9350 yuan.

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