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    Home > Chemicals Industry > New Chemical Materials > Liansu tested the low recovery The trading volume and position volume decreased

    Liansu tested the low recovery The trading volume and position volume decreased

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    Liansu 1809 contract opened at 9290 yuan, the highest to 9380 / ton, the lowest to 9270 yuan, closed at 9370 yuan, up 55 yuan, or 0.
    59%, the volume was 156804 lots, and the position decreased by 3268 lots, reported 298272 lots
    .

    Continuous plastic

    News: Recently, Longzhong Information conducted market research on agricultural film enterprises of polyethylene downstream products, and the area of investigation was northwest China
    .
    The results are summarized as follows: Start of construction: Agricultural film demand in Northwest China continued to be in the off-season, and most enterprises maintained a shutdown state
    .
    Order status: The order demand is weak, and some enterprises produce
    sporadically according to orders.

    In terms of raw material inventory: the price of raw material polyethylene has risen slowly, and manufacturers have stockpiled sporadic small quantities, but at present, agricultural film in Northwest China is still in the off-season of demand, manufacturers are mainly wait-and-see, and the hoarding operation lacks enthusiasm

    Raw material price: naphtha CF Japan reported 629.
    12 US dollars / ton, up 1.
    21%; FOB Singapore was trading at $69.
    13 a barrel, up 1.
    10%.

    ethylene CFR Northeast Asia 1400 US dollars / ton, flat; CFR Southeast Asia was flat at $1270/mt
    .

    Spot prices: Southeast Asia was flat at $1,130; Far East reported 1115 yuan / ton, unchanged
    .
    Domestic price: North China Daqing reported 9450 yuan / ton, flat; East China Yuyao reported 9450 tons, flat; South China Guangzhou 9400 yuan, flat; Northwest Dushanzi reported 9,400 yuan, unchanged
    .

    Liansu 1809 contract rebounded, and trading volume and position volume decreased
    .
    Fundamentally, the peak period of equipment maintenance has formed a certain support for the price, but the downstream demand is sluggish, and the slow decline in social inventory has suppressed it to a certain extent
    .

    Technically, the MACD indicator red bar is flat, and the KDJ indicator is also hovering high, indicating a short-term dilemma
    .
    Operationally, investors operate
    in the range between 9200-9400.

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