Liansu opened slightly lower and maintained horizontal finishing in the morning

News: As of June 28, LLDPE social stocks increased by 0.
5% from last week, about 2,600 tons
.
Petrochemical inventories have decreased
.
However, the port inventory has increased significantly, resulting in a slight increase
in its total social inventory.
Traders are currently maintaining normal inventory levels, with little change
overall.

Raw material price: naphtha CF Japan reported 652.
25 US dollars / ton, up 1.
60%; FOB Singapore traded at $71.
5 a barrel, up 1.
71%.

ethylene CFR Northeast Asia 1375 US dollars / ton, flat; CFR Southeast Asia was flat at $1260/mt
.

Spot prices: Southeast Asia was flat at $1170; Far East reported 1150 yuan / ton, flat
.
Domestic price: North China Daqing reported 9200 yuan / ton, flat; East China Yuyao reported 9,300 tons, flat; South China Guangzhou reported 9250 yuan / ton, up 50 yuan; Northwest Dushanzi reported 9,400 yuan, unchanged
.

The 1809 contract opened slightly lower, maintained a horizontal finishing in the morning, and pulled up at midday, and the technical situation improved
.
Fundamentals coexist with long and short, the central mother's directional reduction of the standard, the peak period of equipment maintenance to form a certain support for the price, but the escalation of the Sino-US trade war, the sluggish downstream demand, and the slow decline in social inventory have suppressed it to a certain extent
.

Technically, the MACD indicator green column turned red, the KDJ indicator low golden cross diverged upward, and the short-term may still come out of the technical rebound market
.
In terms of operation, it is recommended that healthy investors wait and see for the time being, and aggressive investors can test the short at the 9350-9380 line and pay attention to setting a stop loss
.