The price of the continuous plastic period fluctuates widely, and there is pressure and support under the bottom

News: 1.
Longzhong Information reported on November 22: Shenhua low-pressure intraday bidding volume was 44 tons, the previous day's bidding volume was 77 tons, the intraday trading volume was 0 tons, and the previous day's trading volume was 33 tons
.
2.
According to data from the National Bureau of Statistics, the output of plastic products in China in October 2021 was 6.
836 million tons, down 0.
94% year-on-year; From January to October 2021, China's plastic products output totaled 65.
215 million tons, a cumulative increase of 8.
9%.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8950 yuan / ton, -0 yuan
.

Warehouse receipt inventory: 2924 warehouse receipts, -0 sheets
.
Main positions: the top 20 long positions 153518, -4353; short positions reported 161124, -5543
.
Reduced
headroom.

Summary: The average operating rate of domestic polyethylene enterprises last week was 87.
61%, an increase of 0.
59% compared with the 87.
02%
operating rate last week.
The total output of polyethylene of domestic enterprises was 490,700 tons, an increase of 05,000 tons
from 48.
57 tons last week.
Increased market supply
.
The operating rate of PE downstream industries was 56.
0%, up 0.
1%
from last week.
Although this week is still in the peak season of shed film production, the demand for mulch film is light, and the demand for pipes has also entered the end, and the overall demand is expected to be basically stable
.
Last week, the PE inventory of domestic polyethylene enterprises (oil + coal) increased by 15.
17%
compared with last week.

。 Supply is expected to increase this week, demand is stable, and social inventories may continue to rise
.
The L2201 contract fluctuated widely during the day, indicating pressure on it and support
below.