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    Home > Chemicals Industry > New Chemical Materials > The price of the continuous plastic period fluctuates in a narrow range, indicating that there is still some support below

    The price of the continuous plastic period fluctuates in a narrow range, indicating that there is still some support below

    • Last Update: 2022-12-22
    • Source: Internet
    • Author: User
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    On Wednesday, Liansu L2109 contract reduced its position, and the futures price fluctuated in a narrow range, closing at 8365 on the day, +15 yuan from the previous trading day; The trading volume was 389251 lots, and the position was reported at 325200 lots, -12967; the basis was -65 yuan
    .

    Continuous plastic

    News: 1, Ningxia Baofeng Phase II 300,000 tons of low-voltage plant is planned to be converted to produce metallocene polyethylene on July 8, 2021, the test run of the new grade M2310 of Baofeng Energy Phase II also represents that coal-to-metallocene polyethylene has entered a new stage, and the "14th Five-Year Plan" development guide for the new chemical materials industry: the self-sufficiency rate of high-end polyolefin plastics will strive to increase to nearly 70%
    in 2025.
    2.
    Longzhong Information reported on July 21: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 700 tons, the previous day's bidding volume was 710 tons, the intraday trading volume was 160 tons, and the previous day's trading volume was 149 tons
    .
    Shenhua low-pressure intraday bidding volume is 250 tons, the previous day's bidding volume is 250 tons, the intraday trading volume is 0 tons, and the previous day's trading volume is 0 tons
    .

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8300 yuan / ton, -0 yuan
    .

    Warehouse receipt inventory: 5467 warehouse receipts, +0 sheets
    .
    Main positions: Top 20 long positions 201054, -16544; short positions reported 238632, -8873
    .
    Increased
    headroom.

    Summary: The average operating rate of polyethylene enterprises fell last week, polyethylene production decreased, and this week Jiutai and China Coal Mengda will start overhauling one after another, and it is expected that the supply of polyethylene will continue to decrease
    .
    The operating rate of various downstream industries of PE increased slightly from the previous week, of which agricultural film and packaging film enterprises increased slightly, pipe companies were basically flat, and injection molding industry and hollow industry declined
    .
    Inventories of production companies have declined, indicating that there is little pressure on the supply side
    .
    The intraday L2109 contract was slightly carrier, indicating that there was still some support
    below.

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