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    Home > Chemicals Industry > New Chemical Materials > Liansu rebound blocked trading volume shrank slightly

    Liansu rebound blocked trading volume shrank slightly

    • Last Update: 2022-12-13
    • Source: Internet
    • Author: User
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    Liansu 1901 contract opened at 9440 yuan, the highest to 9470 yuan, the lowest to 9430 yuan, closed at 9430 yuan, down 40 yuan, or 0.
    42%, the volume was 119236, and the position increased by 6780 lots, reporting 289462 lots
    .

    Continuous plastic

    News side: Daqing petrochemical linear plant production 8320; Low voltage A line production 5000S; Low voltage B line production 5000S; The low-voltage C line switched to 5000SC today; Old high pressure production 18D; New high pressure production 2426H; Full-density 1-line production 6097; Full-density 2-line production 7042
    .

    Raw material price: naphtha CF Japan reported 676 US dollars / ton, +0.
    91%; FOB Singapore is trading at $73.
    33/b, +1.
    1%.

    ethylene CFR Northeast Asia 1070 US dollars / ton, -1.
    83%; CFR Southeast Asia was quoted at $980/mt, or 2%.

    Spot price: Southeast Asia quoted at $1130, +0%; Far East reported 1100 yuan / ton, -0%.

    Domestic price: North China Daqing reported 9700 yuan, +0%; East China Yuyao reported 9750 yuan, -0%; South China Guangzhou 9900 yuan, -0%; Northwest Dushanzi 9850 yuan, +0%.

    The rebound of the Liansu 1901 contract was blocked, and the volume shrank slightly, indicating that the upside pressure is still strong
    .
    Fundamentally, the management's tax cuts and RRR cuts have provided some support to the market, but the decline in raw material prices and the flat downstream demand have suppressed
    prices.

    Technically, it is difficult to say the bottom
    in the short term.
    In terms of operation, it is recommended that investors set a take profit in their hands and hold
    them cautiously.

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