Liansu opened slightly lower and the position volume increased significantly

News side: domestic polyethylene market prices are mixed, North China market quotation high pressure down 50-100 yuan / ton, low pressure adjustment 50-100 yuan / ton, individual imported low pressure film rose about 100 yuan / ton, linear rise of about
50 yuan / ton.
The market price in South China is low-pressure hollow and wire drawing due to the decline in factory prices, the market has fallen by about 50-100 yuan / ton, and the high pressure and linear rise by about
50 yuan / ton.
Market prices in East China continued to fall, with low-pressure wire drawing falling by about 100 yuan / ton, high pressure falling by about 100-200 yuan / ton, and linear falling by about
100-150 yuan / ton.

Raw material price: naphtha CF Japan was flat at $643/ton; FOB Singapore was flat at $70.
18 a barrel
.
ethylene CFR Northeast Asia 1400 US dollars / ton, flat; CFR Southeast Asia was flat at $1260/mt
.

Spot price: Southeast Asia was flat at $1115; Far East reported 1100 yuan / ton, unchanged
.
Domestic prices: North China Daqing reported 9600 yuan, down 100 yuan; East China Yuyao reported 9600 yuan, down 150 yuan; Guangzhou in South China 9650 yuan, up 50 yuan; Northwest Dushanzi 9750 yuan, flat
.

The Liansu 1901 contract opened slightly lower, maintained sideways trading in the morning, and fell slightly in the late afternoon, while the position increased
sharply.

Fundamentally, the loosening of spot prices and the start of taxation in the second batch of lists in China and the United States have suppressed
it to a certain extent.
And the continuous rise in the early period, there is a certain pullback pressure
in the short term.

Technically, the MACD indicator has a dead cross at a high level, the red bar turns green, and the KDJ indicator turns downward and shows signs of divergence downward, indicating that there are still requirements
for correction in the short term.
In terms of operation, it is recommended that investors set a take profit in their hands and hold
them cautiously.