LLDPE volatility closed higher and maintained range volatility

Raw material prices: Japan naphtha CF Japan reported 512.
62 yuan / ton, up 4; Naphtha FOB Singapore was trading at $55.
91 a barrel, up 0.
37
.
Ethylene CFR Northeast Asia was flat at $1110/mt, and CFR Southeast Asia was flat at $1005/mt
.

Spot prices: foreign spot market prices are basically flat, and Far East is flat at $1130 / ton; The Middle East was flat at $1118/mt
.
Market prices rose slightly, North China Daqing reported 10,050 yuan / ton, flat; East China Yuyao Jilin Petrochemical 10,200 tons, flat; South China News 10150 yuan / ton, flat
.
Northwest Dushanzi reported 9950 yuan / ton, unchanged
.

News side: 1.
The total amount of PE social inventory this week decreased by about 15,000 tons, a decrease of 5.
3%.

2.
Tianjin large ethylene PE plant produces 222WT, and the low-voltage device has been parked PN049
on the 16th.

At the end of the year, the source of imported goods increased, the port inventory level rose, but the short-term by the price increase, social inventory slightly declined, the later Spring Festival is approaching the high-priced raw materials downstream light warehouse for the New Year, logistics companies are also gradually on holiday, it is expected that petrochemical inventory will slowly increase, and the price is expected to rise sharply with limited momentum
.
Technically, the LLDPE1705 contract closed up in shock, short-term lower test of support around 10000, upper test of pressure around 10300, and economic futures price maintained in the range of 10000-10300 recommended range trading
.