LLDPE low rebounded to maintain low oscillation finishing

Raw material price: Japan naphtha CF Japan reported 464.
25 yuan / ton, down 9; Naphtha FOB Singapore was trading at $50.
42 a barrel, down 1
.
ethylene CFR Northeast Asia 1220 US dollars / ton, down 10; CFR Southeast Asia was flat at $1,100/mt
.

Spot price: The foreign spot market price is basically flat, the Far East reported 1130 yuan / ton, flat, the Middle East reported 1118 yuan / ton, flat
.
Market prices fell slightly, with North China Daqing reporting 9450 yuan / ton, down 150; East China Yuyao Jilin Petrochemical 9550 tons, down 100; South China reported 9500 yuan / ton, down 150
.
Northwest Dushanzi reported 9700 yuan / ton, unchanged
.

News side: 1.
The guidance price of CNPC North China Company fell by 100 as the listed price, and LLDPE7042 was reported at 9400 yuan / ton
.

Upstream crude oil prices fluctuated, weighing on the chemical market
.
In the middle and late March of recent months, although the maintenance of the device gradually increased, the downstream rigid demand rebounded slightly, but the short-term social inventory digestion was slow, still maintained at a high level, petrochemical factory prices were lowered, futures prices were under pressure downward, and the price bottomed out during the day driven by the rise in black, but the market supply and demand side is poor, and the price upside is expected to be limited, and the short-term low shock adjustment is the mainstay
.
Technically, LLDPE1705 contract bottomed out, short-term upper test of pressure near the five-day line, below test of support around 8900-9000, expected futures price to maintain low volatility sorting, short-term wait-and-see
.