The price of the continuous plastic period is narrowly sorted out with pressure and support under pressure

News: 1.
Two barrels of oil PE inventories rose slightly, up 1.
04%
week-on-week.
Among them, Sinopec's PE inventory decreased by 4.
43% week-on-week, and CNPC PE inventory increased by 3.
17%
week-on-week.
2.
Longzhong Information reported on November 25: The two oil stocks were 630,000 tons, down 40,000 tons
from the previous day.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 9100 yuan / ton, -30 yuan
.
Warehouse receipt inventory: 2924 warehouse receipts, -0 sheets
.

Main positions: Top 20 long positions 159341, -8351; short positions reported 162978, -8481
.
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 intraday L2201 contract was narrowly consolidated, indicating pressure on it and support
below.