Pay attention to post-holiday demand and go long on dips

News side: CNPC Northwest PE price is stable, 2426H fixed 10050, 2420H fixed 10100, 2426F fixed 9950, 1810D fixed 10150, 5000S fixed 10900, Dushanzi 8008 fixed 10600, 8920 fixed 10350, 5502 hanging 11350, 5420 hanging 11500, 100N hanging 11500, 4808 hanging 11700, N3000 hanging 11600, 6095 hanging 11350, 7042 hangs 9550, 7042N hangs 9550, 7042H hangs 9550
.
(:RMB/ton)

Raw material prices: CF Japan reported 552.
75 tons, up 0.
36%; FOB Singapore was trading at $60 a barrel, up 0.
35%.

The ethylene market fell slightly, CFR Northeast Asia 1285, down $5; CFR Southeast Asia was trading at $1195 a tonne, down $
5.

Spot price: Far East reported 1200 yuan / ton, flat, Middle East reported 1174 yuan / ton, flat
.
Domestic market prices fell slightly, Tianjin Daqing reported 9500 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9650 tons, flat; South China Guangzhou Maoming reported 9600 yuan / ton, down 50 yuan; Northwest Dushanzi reported 9550 yuan / ton, unchanged
.

Summary of views: LLDPE opened slightly higher today, fluctuating in a narrow range around yesterday's closing price throughout the day, with shrinking transactions and enlarged positions, indicating that a small number of investors began to enter the
market.

Technically, the LLDPE1805 contract has pressure and support
below.
KDJ and MACD indicators have signs of stopping the decline, and it is expected that as the holiday atmosphere gradually fades, plastics should have rebound demand, but the magnitude of the rebound should not be too optimistic
.

Operationally, short-term investors can go long on the dip and stop loss 9,500 yuan, and medium-term investors still need to wait and see
.