Liansu opened high and sorted out the position slightly shrank

News: As of September 19, the average operating rate of PE rose 2% from last week to about
90%.
Polyethylene social inventory fell by 2.
3% from last week, among production enterprises, except for East China and Central China, petrochemical inventories in other regions increased slightly, coal enterprise inventories also increased by 11.
99% from last week, and the current inventory is about
27,000 tons.
In terms of traders, shipments in East China were slightly better, merchant inventories declined, and linear product inventories were slightly lower
.

Raw material price: naphtha CF Japan reported 689.
88 US dollars / ton, up 1.
25%; FOB Singapore was trading at $75.
25 a barrel, up 1.
32%.

ethylene CFR Northeast Asia 1240 US dollars / ton, down 30 US dollars; CFR Southeast Asia was trading at $1130/mt, down $
30.

Spot price: Southeast Asia was flat at $1110; Far East reported 1090 yuan / ton, unchanged
.
Domestic prices: North China Daqing reported 9700 yuan, up 100 yuan; East China Yuyao reported 9650 yuan, up 100 yuan; South China Guangzhou 9800 yuan, flat; Northwest Dushanzi 9700 yuan, flat
.

Liansu 1901 contract high open finishing
.
Positions shrank slightly, and the bullish pattern remained intact
.
Fundamentally, spot prices have been raised, and downstream demand has slowly rebounded to support it, and it is expected that futures prices will remain strong in
the short term.

Technically, the MACD low gold cross is upward, and the KDJ indicator oscillates to the upside, indicating that the rally is expected to continue
.
In terms of operation, it is recommended to set a take profit in the early stage and continue to hold
.