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    Home > Chemicals Industry > New Chemical Materials > The upward trend of the continuous plastic period price encountered resistance, and there was pressure and support below

    The upward trend of the continuous plastic period price encountered resistance, and there was pressure and support below

    • Last Update: 2022-12-23
    • Source: Internet
    • Author: User
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    On Monday, Liansu L2201 contract reduced its position, and the futures price was hindered to the upside, closing at 8901 yuan on the day, +41 from the previous trading day; the trading volume was 628644 lots, and the position was reported 263464 lots, -6854; the basis was 199 yuan
    .

    Continuous plastic

    News: 1.
    With the early overhaul equipment started up one after another, the impact of the start of maintenance in November has decreased, and the estimated impact has decreased by 50.
    66% compared with October, and the new investment device has begun to produce normally, the product gradually flows into the market, the output has increased significantly since October, and the supply side may be under pressure
    in the near future.
    2.
    Zhong Information reported on November 8: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 200 tons, the previous day's bidding volume was 200 tons, the intraday trading volume was 199 tons, and the previous day's trading volume was 200 tons
    .
    Shenhua low-pressure intraday bidding volume was 494 tons, the previous day's auction volume was 400 tons, the intraday trading volume was 320 tons, and the previous day's trading volume was 220 tons
    .
    Xinjiang high-pressure intraday bidding volume is 50 tons, the previous day's bidding volume is 50 tons, the intraday trading volume is 50 tons, and the previous day's trading volume is 20 tons
    .

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 9100 yuan / ton, +200 yuan
    .

    Warehouse receipt inventory: 4003 warehouse receipts, +60 sheets
    .
    Main positions: the top 20 long positions are 176010, -2832; short positions are reported at 180050, +525
    .
    Increased
    headroom.

    Summary: The average operating rate of domestic polyethylene enterprises was 83.
    90% last week, down 0.
    31% from 84.
    21%
    last week.
    The total output of polyethylene of domestic enterprises was 456,100 tons, down 05,500 tons
    from 46.
    16 tons last week.
    This week, Luqing Petrochemical put
    into operation.
    The operating rate of downstream companies reported 54.
    9%, down 0.
    7%
    from last week.
    This week's northern agricultural film demand is nearing its end, but Double 11 is expected to boost packaging film demand, and demand is expected to remain stable
    .
    Last week, inventories by production companies continued to decrease significantly from the previous week, indicating that there is little pressure on the supply side
    .
    The L2201 contract encountered resistance to the upside during the day, and the false negative closed down, indicating that there was pressure on it and support below
    .
    It is expected that the range-bound pattern
    will be maintained in the later stage.

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