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    Home > Chemicals Industry > New Chemical Materials > The price of the continuous plastic period has rebounded and there is still some support below

    The price of the continuous plastic period has rebounded and there is still some support below

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Tuesday, Liansu L2201 contract volume reduced positions, and the futures price rebounded, closing at 8565 yuan on the day, -5 from the previous trading day; The trading volume was 554230 lots, the position was reported 359601 lots, -3964, and the basis was -15 yuan
    .

    Continuous plastic

    News: 1.
    In 2021, the new installations in Northwest China will be 800,000 tons (400,000 tons of full density + 400,000 tons of low pressure) of PetroChina Lanzhou Petrochemical Yulin Chemical Co.
    , Ltd.
    and 600,000 tons of production capacity (300,000 tons of full density + 300,000 tons of low pressure) of PetroChina Dushanzi Petrochemical Branch (Tarim), when the production capacity in Northwest China will reach 8.
    35 million tons, and regional production capacity will continue to rank first
    .
    2.
    Longzhong Information reported on September 14: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 578 tons, the previous day's bidding volume was 450 tons, the intraday trading volume was 478 tons, and the previous day's trading volume was 450 tons
    .
    Shenhua low-pressure intraday bidding volume was 492 tons, the previous day's auction volume was 376 tons, the intraday trading volume was 111 tons, and the previous day's trading volume was 81 tons
    .

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8550 yuan / ton, +0 yuan
    .

    Warehouse receipt inventory: 5200 warehouse receipts, -0 sheets
    .
    Main positions: the top 20 long positions 237757, +2389; short positions at 256450, +497
    .
    Reduced
    headroom.

    Summary: The average operating rate of polyethylene enterprises rebounded last week, and the supply of polyethylene increased
    .
    The operating rate of downstream industries increased slightly month-on-month, mainly due to the increase in the operating rate of agricultural film, pipe, hollow and injection molding enterprises, while the operating rate of packaging film enterprises fell slightly
    .
    Inventories by producers fell slightly this week, indicating that there is no pressure
    on the supply side.
    The recent hurricane in the United States has reduced the supply of energy and chemical commodities, which is expected to support
    the price of Liansu.
    However, after a sustained rise, it is necessary to prevent a technical correction
    in the short term.
    And coal fell sharply, and it is expected that the cost support for coal chemical industry will also weaken.

    The L2201 contract rebounded during the day, indicating that there is still some support
    below.

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