LLDPE volatility closed higher with limited upward momentum

Raw material price: Japan naphtha CF Japan reported 508.
12 yuan / ton, down 8; Naphtha FOB Singapore was trading at $55.
28 a barrel, down 0.
96
.
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 9900 yuan / ton, down 150; 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, Sichuan ethylene PE plant dynamics: full-density plant production 7042, low-voltage device production on the evening of the 19th, scheduled to resume
on the 22nd.
The annual production capacity of full density and low pressure is 300,000 tons
each.

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 in volatility, short-term lower test of support around 10000, upper test of pressure around 10350, short-term or maintain 10000-10350 range volatility recommended range trading
.