LLDPE volatility closed higher and futures price volatility increased

Raw material prices: Japan naphtha CF Japan reported 456.
62 yuan / ton, up 7; Naphtha FOB Singapore was trading at $49.
34 a barrel, up 0.
8
.
ethylene CFR Northeast Asia 1140 US dollars / ton, flat; CFR Southeast Asia was flat at $1,035/mt
.

Spot price: The foreign spot market price is basically flat, the Far East reported 1140 yuan / ton, flat, the Middle East reported 1127 yuan / ton, flat
.
Market prices closed down in shock, North China Daqing reported 9350 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9600 tons, flat; South China reported 9600 yuan / ton, flat
.
Northwest Dushanzi reported 9400 yuan / ton, unchanged
.

News side: 1.
Shanghai Petrochemical 1PE equipment first-line production DJ200A; second-line N210; 2PE device production Q281; The low-voltage device produces YGH041
.
Due to the maintenance of the upstream ethylene plant and the shortage of monomers, the 1PE unit is scheduled to start stopping on April 6, and the expected start-up time is May 27; The 2PE unit began maintenance on April 18 and is expected to start up on May 27, with a high-voltage capacity of 200,000 tons/year
.
The 4PE unit is scheduled to be shut down for maintenance on April 4, and is expected to be overhauled for one month, with a low-voltage production capacity of 250,000 tons/year
.

Short-term petrochemical inventories continued to decline slightly, but remained at recent highs overall, limiting the upward momentum
of futures prices.
Downstream just need to take goods, more maintain small order procurement, enthusiasm is not high
.
Short-term futures contracts are moved for months, and the fluctuation range of futures prices increases
.
Technically, LLDPE1705 contract reduced positions to close lower, above to test the pressure around 9350, below to test the support around 9100, futures price short-term to maintain a low wide range of shock, it is recommended to trade
in the 9100-9350 range.