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    Home > Chemicals Industry > New Chemical Materials > The rebound may be expected to continue

    The rebound may be expected to continue

    • Last Update: 2022-12-16
    • Source: Internet
    • Author: User
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    Market conditions: Lian Plastic probe low recovery, L1909 opened 7775 yuan / ton, the highest report was 7800 yuan / ton, the lowest was 7680 yuan / ton, and the close was 7740 yuan / ton, +0.
    52% from the previous trading day; Volume 507906 lots, -23906 lots; Position 652322 lots, -17496 lots, basis 10 yuan, +35 yuan, 9-1 spread 155 yuan, -5 yuan
    .

    Continuous plastic

    News: Shenhua online PP auction data: polypropylene auction 2522 tons (3127 tons in the previous trading day), 1972 tons (2886 tons in the previous trading day).

    Some goods were traded 10-90 yuan higher than the reserve price, and some models were sold 150 yuan higher than the reserve price
    .
    The linear auction was 800 tons (800 tons in the previous trading day), and the transaction was 800 tons (800 tons in the previous trading day), most of which were 50-70 transactions higher than the reserve price, and some areas were 90 yuan higher
    .

    Spot market: The domestic polyethylene market transaction is acceptable, but it has fallen
    from previous days.
    In terms of enterprises, the ex-factory price of the main regional sales companies is mostly stable, and the linear increase of 100 yuan / ton
    in some regions.
    Linear futures opened high and fell, merchants offered cautiously, held a positive shipment attitude, the center of gravity of shipments went up to a limited extent, downstream maintained on-demand procurement, most wait-and-see mainly, real negotiation transactions
    .
    As of the close of the morning, the price in North China rose by 50-150 yuan / ton; The fluctuation range in East China and South China is 50-100 yuan / ton
    .

    Warehouse receipt inventory: exchange warehouse receipt reported 1539 lots, intraday -0 lots; In the historical median zone
    .
    Main positions: the top 20 long positions in the main contract are 187836 lots, -1857 lots, short positions are 251156 lots, -9793 lots, and net long positions are -63320 lots, +7936 lots
    .

    Summary: Downstream demand generally suppresses the price of Liansu, but the tense situation in the United States and Iran and the peak of equipment maintenance support the price of LLDPE
    .
    Technically, the current L1909 contract retest lower moving average is supported, the rebound may be expected to continue
    .
    The indicator MACD oscillated higher, the red bar elongated, and the KDJ indicator also rose, indicating that the short-term bulls have the advantage
    .
    In terms of operation, investors can continue to hold long positions in their hands cautiously, and conditional investors can also close their long positions when they rush up quickly, and take them back
    after they return.

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