Liansu opened slightly lower, and the short-term bears' strength weakened

News side: The domestic polyethylene market atmosphere is weak
.
In terms of petrochemicals, the ex-factory price of low-pressure pipes in the main petrochemical region was partially reduced, with a range of 100-200 yuan / ton, and the rest of the adjustments were not large
.
The spot market is bearish, merchants' offers are narrow, and real orders tend to negotiate
.
As of the noon close, the North China market of high-pressure, linear and low-pressure pipes fell by 50-100 yuan / ton; The high and low pressure in the East China market fell by 50-100 yuan / ton; The South China market is weak.

Raw material price: naphtha CF Japan reported 586.
62 US dollars / ton, -0%; FOB Singapore is trading at $63.
29/b, -0%.

ethylene CFR Northeast Asia 920 US dollars / ton, -0%; CFR Southeast Asia is trading at $835/mt, -0%.

Spot price: Southeast Asia reported $1120, -0%; Far East reported 1060 yuan / ton, -0%.

Domestic price: North China Daqing reported 9450 yuan, -0.
53%; East China Yuyao reported 9450 yuan, -0.
53%; South China Guangzhou 9750 yuan, -0%; Northwest Dushanzi 9600 yuan, -1.
03%.

The Liansu 1901 contract opened slightly lower, and it was sorted horizontally around the day throughout the day, and the final star line closed
.
Both trading volume and open position have declined
.
Fundamentally, crude oil shock fell back and ethylene weakness suppressed PE prices, but after a continuous decline, there are certain signs of over-fall in the short term to support
prices.

Technically, MACD is flattened low, green bars are shortening, KDJ has signs of a low golden cross, and short-term bearish strength weakens
.
Operationally, investors take advantage of the dip in their hands and wait for the opportunity
to go long.