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    Home > Chemicals Industry > New Chemical Materials > Liansu rebounded slightly, and the short-term trend turned stronger

    Liansu rebounded slightly, and the short-term trend turned stronger

    • Last Update: 2022-12-17
    • Source: Internet
    • Author: User
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    Market conditions: Liansu rebounded slightly, L2001 main contract closed higher, futures price closed at 7520 yuan / ton, +1.
    42% from the previous trading day; Volume 698494 lots, + 106479 lots; Position 634368 lots, +3996 lots, basis -20 yuan, +40 yuan; 1-5 spread 135 yuan, -5 yuan
    .

    Continuous plastic

    News: As of the 11th, the overall operating rate of agricultural film enterprises was +12%
    week-on-week.
    This week, the operating rate of North China, East China and Central China increased significantly
    .
    Among them, the operating rate of agricultural film in North China was +17% week-on-week; East China operating rate +31%
    week-on-week.
    Central China's operating rate +6%
    week-on-week.
    The National Day military parade ended, the environmental protection production restriction in Beijing-Tianjin-Hebei and surrounding areas ended, agricultural film enterprises resumed normal production, and some enterprises started to upgrade
    .

    Polyolefin inventories in major domestic ports continued to decline sharply, with total inventories reported 282,400 tons as of October 11, down 24,000 tons from last week and 97,600 tons
    from the same period last year.

    Spot market: The domestic polyethylene market has risen in price
    .
    In terms of petrochemicals, the linear and high-pressure opening price of the sales company was partially raised, with a range of 50-100 yuan / ton
    .
    Spot merchants actively overreport, market transactions are acceptable, and actual orders continue to negotiate
    .
    As of noon, the North China and East China markets rose 50-150 yuan / ton; The East China market is temporarily stable; The South China market rose slightly by about
    50 yuan / ton.

    Warehouse receipt inventory: exchange warehouse receipts reported 2036 lots, -40 lots; In the historical median zone
    .
    Main position: The top 20 long positions in the main contract are 198912 lots, +31047 lots, short positions are 207774 lots, +2285 lots, and net positions are -8862 lots, with a reduced
    net margin.

    Summary: The easing of the Sino-US trade dispute has led to a return
    to market confidence.
    The explosion of Iranian oil tankers boosted confidence in the crude oil market, and international crude oil prices stopped falling and rebounded
    .
    After the long holiday, driven by the replenishment of downstream enterprises, the petrochemical inventory of the two barrels of oil fell more obviously
    .
    Spot prices stopped falling and rebounded
    .
    In the short term, the L2001 contract fluctuated higher, and the short-term trend turned stronger, which is expected to challenge the 7650 first-line pressure level.

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