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On Monday, Liansu L2201 contract contracted and increased positions, the futures price was blocked, closing the day at 8801 yuan, +16 from the previous trading day; the trading volume was 398644 lots, the position was reported at 237430 lots, +87; the basis was 199 yuan
.
News: 1.
Longzhong Information reported on November 1: Shenhua coal chemical industry Shenhua Baotou line type intraday bidding volume of 50 tons, the previous day's bidding volume 0 tons, intraday trading volume of 50 tons, the previous day's trading volume 0 tons
.
Shenhua low-pressure intraday bidding volume is 300 tons, the previous day's bidding volume is 0 tons, the intraday trading volume is 280 tons, and the previous day's trading volume is 0 tons
.
Xinjiang high-pressure intraday bidding volume is 50 tons, the previous day's bidding volume is 0 tons, the intraday trading volume is 10 tons, and the previous day's trading volume is 0 tons
.
2.
As of November 1, 2021, the total inventory of polyolefin samples in major domestic ports was 279,800 tons, which was little changed from the previous week's inventory and decreased by 47,500 tons
from last year.
Market quotation: North China Daqing Petrochemical 7042 mainstream price is 9000 yuan / ton, +100 yuan
.
Warehouse receipt inventory: 4306 warehouse receipts, -76 sheets
.
Main positions: Top 20 long positions 165969, -2502; short positions reported 163182, -1232
.
Net excess decrease
.
Summary: The average operating rate of domestic polyethylene enterprises last week was 84.
21%, down 0.
3% compared with the operating rate of 84.
51%
last week.
Polyethylene production was 461,600 tons, up 02,100 tons
from 45.
95 tons last week.
In the later stage, pay attention to the production progress
of Zhejiang Petrochemical and Luqing Petrochemical.
The operating rate of downstream enterprises reported 55.
6%, +1.
1%
from the previous week.
Among them, the operating rate of agricultural film, packaging film and hollow enterprises has increased, but the operating rate of injection molding has declined, and it is still in the peak season of demand for shed film, but the start is limited and the peak season is not strong
.
In November, the demand for shed film will gradually weaken, and only a few enterprises have started construction of mulch film, and it is expected that downstream demand will be difficult to recover
significantly.
This week, inventories by producers have decreased from the previous week, indicating that there is little pressure on the supply side
.
The intraday L2201 contract was blocked to the upside, indicating that there is still some pressure
above it.
The future market pays attention to whether the support of the 8750 line is strong
.