The price of continuous plastic futures fluctuated lower, and the short-term trend weakened

News: 1.
Longzhong Information reported on April 20: Shenhua coal chemical industry Shenhua Baotou line type bidding volume today 758.
475 tons, yesterday's bidding volume 658.
475 tons, today's trading volume of 658.
475 tons, yesterday's trading volume of 550 tons
.
Shenhua Low Pressure auctioned 19.
8 tons today, 19.
8 tons yesterday, 19.
8 tons today, and 0 tons
yesterday.
Xinjiang High Pressure bid 31 tons today, 41 tons yesterday, 0 tons today, 0 tons yesterday.

2.
Longzhong Information reported on April 20: The two oil stocks were 880,000 tons, down 25,000 tons
from yesterday.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8400 yuan / ton, -0 yuan
.

Warehouse receipt inventory: 1642 warehouse receipts, +0 sheets
.
Main positions: the top 20 long positions at 180700, +9993, short positions at 195895, +15070
.
Increased
headroom.

Summary: In April, there were still installations in Asia for shutdown and maintenance, supply in overseas markets remained tight, and strong prices supported
domestic prices.
Domestic: The average operating rate of domestic polyethylene enterprises continued to fall slightly last week, domestic production decreased, and the domestic market supply decreased
accordingly.
Domestic PE social inventories fell slightly last week and are still in the historically low area, showing that there is little pressure on the supply side
.
At present, two sets of domestic plants (Haiguolong Oil and Lianyungang Petrochemical) are being tested, and it is expected that products will be put on the market in late April or May, when the supply may increase
.
The operating rate of PE downstream industries continued to decline slightly, the demand for agricultural film gradually ended, and the linear downstream demand weakened
.
At present, the support of the L2109 contract 8300 line has weakened in the short term
.