On the fundamentals, long and short coexist, and the continuous plastic opens slightly higher

News side: Yuyao PE market prices fell individually, the factory price of enterprises was partially reduced, traders accompanied the offer, and the market transaction was more negotiated
.
It is expected that the linear transaction range is about
9450-9600 yuan / ton.
Qilu Chemical City PE market offer adjustment, the range is about 50-100 yuan / ton, the market transaction is more negotiable, Qilu 7042 estimated transaction price is about
9550 yuan / ton.
The offer price of Guangzhou PE market fell, and the transaction price of linear products market was about 9500-9550 yuan / ton.

Raw material price: naphtha CF Japan reported 662.
12 US dollars / ton, down 1.
16%; FOB Singapore was trading at $73.
95 a barrel, down 0.
19%.

ethylene CFR Northeast Asia 1335 US dollars / ton, down 5 US dollars; CFR Southeast Asia was flat at $1220/mt
.

Spot prices: Southeast Asia was flat at $1180; Far East reported 1180 yuan / ton, unchanged
.
Domestic price: North China Daqing reported 9500 yuan / ton, flat; East China Yuyao reported 9650 tons, flat; South China Guangzhou reported 9550 yuan / ton, down 50 yuan; Northwest Dushanzi reported 9700 yuan / ton, unchanged
.

Liansu 1809 contract opened slightly higher, maintained horizontal consolidation throughout the day, and the trading volume and position were significantly reduced
.
On the fundamental side, long and short coexist, and the peak period of device maintenance has formed a certain support for the price, but the downstream demand is sluggish, and the slow decline of social inventory has caused a certain suppression
of it.

Technically, the MACD indicator green bar shortens, and the KDJ indicator has a low multi-fork upward
.
Shows short-term rebound requirements
.
It is expected that the market will hit the pressure level of the 9380 line in the future, and operationally, investors can set a take profit in their hands and hold
it cautiously.