The volatility of the plastic futures shows that short-term bulls still have an advantage

News: 1.
Longzhong Information reported on August 17: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 684 tons, the previous day's bidding volume was 500 tons, the intraday trading volume was 584 tons, and the previous day's trading volume was 400 tons
.
Shenhua low pressure intraday bidding volume of 100 tons, previous day's bidding volume 100 tons, intraday trading volume 0 tons, previous day's trading volume 0 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 50 tons
.
2.
Longzhong Information reported on August 17: The two oil stocks were 725,000 tons, down 40,000 tons
from the previous day.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8300 yuan / ton, +0 yuan
.

Warehouse receipt inventory: 5347 warehouse receipts, +0 sheets
.
Main positions: Top 20 long positions 135302, +31136, short positions reported 158239, +53298
.
Increased
headroom.

Summary: The average operating rate of polyethylene enterprises fell last week, and the supply of polyethylene decreased
.
The operating rate of downstream industries increased slightly month-on-month, mainly due to the obvious increase in the operating rate of agricultural film enterprises
.
Inventories of production companies have declined, indicating that there is little pressure on the supply side
.
As the demand for agricultural film is expected to further recover in the later period, the market mentality is also more optimistic
.
L2201 oscillated to the upside during the day, indicating that short-term bulls still have the advantage
.
In terms of operation, it is recommended that investors can set a take profit and hold it
cautiously.