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On Wednesday, Liansu L2101 contract reduced its position, and the futures price fell, closing at 7880 on the day, -155 yuan from the previous trading day; The volume was 358143 lots, and the position was reported 250018 lots, -17086; the basis was 220 yuan
.
News: 1.
Longzhong Information reported on November 25: The two oil stocks were 565,000 tons, down 15,000 tons
from the previous day.
2.
Longzhong Information reported on November 25: Shenhua Coal Chemical Industry Shenhua Baotou linear intraday bidding volume of 700 tons, the previous day's bidding volume of 500 tons, intraday trading volume of 160 tons, the previous day's trading volume of 500 tons
.
Shenhua low-pressure intraday bidding volume was 13 tons, the previous day's bidding volume was 13 tons, the intraday trading volume was 0 tons, and the previous day's trading volume was 0 tons
.
Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8100 yuan / ton, -100 yuan
.
Warehouse receipt inventory: 1070 warehouse receipts, -0 sheets
.
Main positions: Top 20 long positions 149551, -6569, short positions 172407, -12905
.
Reduced
headroom.
Summary: PE has plans to put new equipment into production, and the number of units for later maintenance is gradually decreasing, indicating that the market supply has increased
.
In terms of demand, as the weather gradually cools, the demand for agricultural film in the north is stable, and the demand for packaging film is still relatively strong
.
Social inventories continue to remain low, indicating a good recovery in downstream demand, which supports linear prices
.
However, after continuous rises, a technical correction
needs to be prevented in the short term.
In terms of operation, investors can reduce their holdings at high prices and drop their pockets
.