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    Home > Chemicals Industry > New Chemical Materials > Liansu volatility went down, and the trading volume increased significantly

    Liansu volatility went down, and the trading volume increased significantly

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Market situation: Liansu shock lower, L1909 opened 7605 yuan / ton, the highest report was 7620 yuan / ton, the lowest was 7505 yuan / ton, and the close was 7510 yuan / ton, -0.
    99% from the previous trading day; Volume 439362 lots, -80664 lots; Position 711658 lots, +25008 lots, basis 240 yuan, +45 yuan, 9-1 spread 80 yuan, -5 yuan
    .

    Continuous plastic

    News: Asian ethylene markets remain stable
    .
    The average price of CFR Northeast Asia ethylene was 810 US dollars / ton, which was stable
    from the previous trading day.
    The average price of CFR Southeast Asian ethylene was 720 US dollars / ton, which was stable
    from the previous trading day.

    Spot market: the domestic polyethylene market shock adjustment, the range of 50-100 yuan / ton is about or lower
    .
    In terms of enterprises, the low-pressure and linear opening price of the main regional sales company was lowered, with a range of 50-100 yuan / ton, and the high-pressure price was temporarily stable
    .
    In terms of the market, linear futures are weak and volatile, merchants have a wait-and-see attitude, shipment offers follow the narrow adjustment of the market, and the downstream temporarily maintains just need to purchase, and the real transaction is general
    .
    As of the close of the morning, the price in North China was adjusted by 50-100 yuan / ton; The price fluctuation in East China is around 50 yuan / ton; The South China market is temporarily stable
    .

    Warehouse receipt inventory: exchange warehouse receipts reported 1627 lots, intraday -10 lots; In the historical median zone
    .
    Main positions: The top 20 long positions in the main contract are 206410 lots, +9077 lots, short positions are 273929 lots, +6307 lots, and net long positions are -67519 lots, +2770 lots
    .

    Summary: The trend of crude oil is still weak, and downstream demand generally suppresses the price of Liansu, but the US sanctions against Iranian chemical enterprises and the peak of plant maintenance support the price of LLDPE, and after continuous decline, there are also certain signs
    of over-fall in the short term.
    Technically, the L1909 contract is narrowly sorted, the trading volume has increased significantly, and the position volume has decreased significantly, and the main position shows that the main position increase of the long party is greater than the main position increase of the short force, and the long party is superior
    .
    The indicator MACD hovers low, the green bar flattens, and the KDJ indicator hovers
    low.
    Short-term direction is unknown
    .
    Operationally, investors can operate
    in the range of 7450-7700.

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