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    Home > Chemicals Industry > New Chemical Materials > The weak rebound shows that the bears have the upper hand

    The weak rebound shows that the bears have the upper hand

    • Last Update: 2022-12-15
    • Source: Internet
    • Author: User
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    L1909 opened at 8345 yuan / ton, the highest was 8375 yuan / ton, the lowest was 8285 yuan / ton, and the close was 8295 yuan / ton, -0.
    36% from the previous trading day; Volume 359248 lots, +92018 lots; Position 505924 lots, +17910 lots, basis 165 yuan, +10 yuan, 5-9 spreads 90 yuan, +25 yuan
    .

    Continuous plastic

    In terms of news, the Mexican Ministry of Economy issued an announcement on April 16, 2019, initiating an anti-dumping sunset review investigation on plastic sprayers originating in China, and the Mexican customs tariff number of the product involved was 96161001
    .
    The dumping investigation period in this case is from January 1, 2018 to December 31, 2018, and the injury investigation period is from January 1, 2014 to December 31
    , 2018.
    During the review investigation, the original anti-dumping measures remained in force
    .

    In the spot market, most of the trading center of the domestic polyethylene market has shifted downward, and only a small number of domestic high-pressure and imported Iranian resources have slightly over-reported performance
    .
    In terms of petrochemicals, the main regional chemical sales companies lowered some linear and low-pressure opening prices, and merchants followed up to adjust, due to poor shipments, the inversion situation remained
    .
    As of the close of the morning, the North China market adjusted 50-150 yuan / ton; East China market fell 50-100 yuan / ton; The South China market is temporarily stable; The southwest market is temporarily stable
    .

    warehouse receipt inventory, exchange warehouse receipt reported 0 lots; It is in the historically low area and stable
    during the day.
    Main positions: the top 20 long positions in the main contract are 148110 lots, -84 lots, short positions are 187877 lots, +5905 lots, and net long positions are -39767 lots, -5989 lots
    .

    The firm price trend of crude oil has provided some support to Liansu, but the general downstream demand and high inventories of the two oils have suppressed
    the price of LLDPE.
    Technically, the L1909 contract rebounded weakly, and the short-term moving average put some pressure on it, and the trading volume and position volume rose
    sharply.
    The main position shows that the main force of the long side reduces the position, the main force of the short side increases the position, and the short side has the advantage
    .
    The indicator MACD retreated slightly, the green bar elongated, and the KDJ indicator oscillated to the downside, indicating that the bears had the advantage
    .
    Operationally, investors hold short orders cautiously, and short positions can sell short when they rebound
    .

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