Liansu probe low recovery Holdings continued to increase slightly

News: Today's North China market prices are mixed by about 50-100 yuan / ton, high pressure down about 50 yuan / ton, low pressure wire drawing down about 50 yuan / ton, linear adjustment 50-100 yuan / ton, market transaction is average
.
The South China market offered high pressure and linear decline of about 50-100 yuan / ton, and low pressure wire drawing did not change much
.
The overall price of the East China market has not changed much, and it has been slightly adjusted by about
50 yuan / ton.

Raw material price: naphtha CF Japan reported 635.
5 US dollars / ton, down 3.
75%; FOB Singapore was trading at $69.
27 a barrel, down 4.
3 percent
.
ethylene CFR Northeast Asia 1400 US dollars / ton, flat; CFR Southeast Asia was flat at $1260/mt
.

Spot price: Southeast Asia was flat at $1125; Far East reported 1120 yuan / ton, unchanged
.
Domestic prices: North China Daqing reported 9820 yuan, up 40 yuan; East China Yuyao reported 9850 yuan, flat; Guangzhou in South China 9750 yuan, down 100 yuan; Northwest Dushanzi 9800 yuan, flat
.

Liansu 1901 contract rebounded, and holdings continued to increase
slightly.
Fundamentally, the decline in social inventory and the firm spot price have formed a certain support for the price, but the continuous rise in the early stage has led to a certain profit selling pressure
in the short term.
Technically, the MACD indicator shows signs of flattening at a high level, while the KDJ indicator continues to be in a state of top divergence, and it is necessary to guard against technical adjustments
in the short term.
Operationally, investors temporarily wait and see or take intraday short-term trading
.