Liansu rebounded slightly, and the position volume decreased significantly

News side: Yuyao PE market price is stable, the factory price of enterprises is stable, traders accompany the offer, and the real transaction is more negotiable
.
It is expected that the linear transaction is about
9250-9350 yuan / ton.
Guangzhou PE market offer price adjustment, linear product market transaction price is about 9300-9350 yuan / ton, the market is mainly wait-and-see, real transaction negotiation
.

Raw material price: naphtha CF Japan reported 677.
38 US dollars / ton, up 1.
29%; FOB Singapore was trading at $74.
13 a barrel, up 1.
31%.

ethylene CFR Northeast Asia 1390 US dollars / ton, flat; CFR Southeast Asia was flat at $1270/mt
.

Spot price: Southeast Asia was quoted at $1155, flat; Far East reported 1120 yuan / ton, unchanged
.
Domestic price: North China Daqing reported 9300 yuan / ton, flat; East China Yuyao reported 9350 tons; South China Guangzhou 9250 yuan, flat; Northwest Dushanzi reported 9,400 yuan, unchanged
.

The Liansu 1809 contract rebounded slightly, and the position decreased significantly
.
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 red bar is flattening, and the KDJ indicator is also hovering
at the median line.
Short-term movements are unpredictable
.
Operationally, short orders in investors' hands can be held
cautiously at the 9350 line as the stop loss level.