The price of the continuous plastic period rushed back down, indicating that there is still some pressure above

News: 1, Longzhong Information reported on October 18: Shenhua linear no bidding
.
Shenhua low-pressure intraday bidding volume was 533 tons, the previous day's auction volume was 463 tons, the intraday trading volume was 0 tons, and the previous day's trading volume was 199 tons
.
2.
Longzhong Information reported on October 19: The two oil stocks were 820,000 tons (the previous morning warehouse was revised to 840,000 tons), down 20,000 tons
from the previous day.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 9700 yuan / ton, +100 yuan
.

Warehouse receipt inventory: 4659 warehouse receipts, -0 sheets
.
Main positions: Top 20 long positions 207456, -1329; short positions reported 225098, -1780
.
Reduced
headroom.

Summary: Last week, the average operating rate of domestic polyethylene enterprises was 86.
33%, up 0.
14%
from the previous week.
The estimated output of polyethylene in October is 2,126,100 tons, +207,400 tons from the actual output of the previous month, +302,100 tons over the same period last year, and the new plant of Sino-Korean Petrochemical has been put into operation, and the PE market supply is expected to increase significantly.


。 The average operating rate of PE downstream enterprises was 54.
6%, up 0.
4%
from the previous week.
Among them, the operating rate of agricultural film and pipe increased by 2.
0%.

Downstream demand has picked up
.
Production inventories were lower than the previous week, but still higher than the same period last year
.
The intraday L2201 contract rushed back down, indicating that there is still some pressure
above.