echemi logo
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > At present, the fundamentals are long and short intertwined, and the price of the plastic period has soared and fallen

    At present, the fundamentals are long and short intertwined, and the price of the plastic period has soared and fallen

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit

    On Monday, Liansu L2105 contract reduced its position, and the futures price rushed back down, closing at 8030 on the day, -30 yuan compared with the previous trading day; The volume was 297749 lots, the position was reported 325443 lots, -6800, and the basis was 120 yuan

    Continuous plastic

    News: 1.
    Longzhong Information reported on February 8: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 500 tons, the previous day's bidding volume was 897 tons, the intraday trading volume was 500 tons, and the previous day's trading volume was 40 tons
    Longzhong Information reported on February 8: the inventory of the two oils was 560,000 tons (the previous day's inventory was revised to 55.
    5), an increase of 05,000 tons
    over the previous day.

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8150 yuan / ton, -50 yuan

    Warehouse receipt inventory: 923 warehouse receipts, -0 receipts
    Main positions: Top 20 long positions 197774, -2224; short positions reported 235924, -4786

    Summary: Approaching the Spring Festival, the fundamentals of Liansu are relatively calm
    In February, PE maintenance equipment remained low, the weekly average operating rate of polyethylene rebounded, and the overall market supply rebounded
    Last week, the operating rate of downstream products fell, indicating that downstream demand may be reduced
    as the Spring Festival approaches.
    However, the Spring Festival holiday is approaching, or many companies need to prepare materials, and the petrochemical inventory of two barrels of oil continues to remain low, which also supports prices.

    This article is an English version of an article which is originally in the Chinese language on and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to with relevant evidence.