Liansu is expected to maintain range-bound operation in the short term

On May 18, the three major varieties of polyethylene spot market fell weakly as a whole, and the LLDPE and LDPE markets fell significantly, with a decline of about
100-250 yuan / ton.
The HDPE market has not changed much, and most of them are operating
steadily.
Although the slight rise in international crude oil has brought certain positive support to the market, some petrochemical has lowered its ex-factory prices, affecting the market mentality
.

The Liansu futures market opened low and fluctuated low, and trading was cautious, which brought certain bearishness
to the market.
Traders are mainly following the decline, the current market demand is general, the terminal takes goods to maintain on-demand procurement, in fact, it focuses on a single talk
.
It is expected that in the short term, the PE market will be dominated by high consolidation, and the range of change will be limited
.

Liansu L2109 is weak and oscillating, a small amount of increase in positions to close the small white line, from a technical point of view, the average line is suppressed, and the MACD indicator DIF and DEA short signal after the opening diverges downward; In terms of the hourly line, the lower moving average turns to support, and the green bar above the MACD indicator turns to the red column operation, and comprehensive consideration is expected to maintain range-bound operation
in the short-term continuous plastic.
Based on the above analysis, it is expected that the short-term continuous plastic main L2109 contract volatility will maintain, the short-term fluctuation range is 8000-8200, it is recommended to strictly stop loss, pay attention to the flow of funds, and operate low and high
.