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Liansu 1805 contract opened at 9330 yuan / ton, the highest to 9410 yuan / ton, the lowest to 9265 yuan / ton, closed at 9270 yuan / ton, down 35, or 0.
38% on a daily basis, the trading volume increased to 290,000 lots, and the position increased by 334 lots to 391,000 lots
.
News side: CNPC East China LLDPE price report: Jilin / Daqing / Dushanzi / Sichuan 7042 fixed 9400 yuan / ton, 7042N fixed 9400 yuan / ton, Lanhua 7042H fixed 9450 yuan / ton, 7042N fixed 9400 yuan / ton, Fushun 7042 fixed 9400 yuan / ton, Daqing DNDA8320 fixed 9500 yuan / ton
.
Raw material prices: Japan naphtha CF Japan reported $583 / ton, up $3; Naphtha FOB Singapore was trading at $63.
66 a barrel, up $0.
7
.
ethylene CFR Northeast Asia 1380 US dollars / ton, flat; CFR Southeast Asia was flat at $1280/mt
.
Spot prices: foreign spot market prices fell, the Far East reported 1190 yuan / ton, down 10, the Middle East reported 1164 yuan / ton, down 10
.
Market prices held steady slightly, with North China Daqing reporting 9350 yuan / ton, up 50; East China Yuyao reported 9,400 tons, flat; South China Guangzhou reported 9500 yuan / ton, flat; Northwest Dushanzi reported 9500 yuan / ton, unchanged
.
U.
S.
crude oil inventories fell sharply, geopolitical tensions in the Middle East, investors worried about a reduction in short-term crude oil supply, and European and American crude oil futures rose
sharply.
LLDPE opened high and traded low, closing lower
in late trading.
As domestic inventories are still at a high level, terminal demand is weak, market transactions are general, and short-term oscillations are declining
.
On the technical side, the first support level of 9200 below LLDPE, the systematic suppression of the 20-day moving average above, the short-term rebound space is limited
.
Operationally, it is high in
the 9200-9420 range.