Continuous plastic sideways Focus on the support below

News side: The oil-based linear market in North China fell by about 50 yuan / ton, the coal-based linear change was not much, and the supply of 80-grade pipe market was small
.
The linear market of CNPC in East China fell slightly by about 100 yuan / ton, and the high pressure fell by a large margin, down about
300 yuan / ton.
Linear upside down in South China is about 50-100 yuan / ton, and high pressure upside down is about
50 yuan / ton.
Market transactions are limited, and negotiations are maintained
.

Raw material prices: Naphtha CF Japan reported 563.
75 tons, up 1.
99%; FOB Singapore traded at $61.
2 a barrel, up 2.
00%.

ethylene CFR Northeast Asia 1230, down $55; CFR Southeast Asia was trading at $1180 a tonne, down $
15.

Spot price: Far East reported 1200 yuan / ton, flat, Middle East reported 1174 yuan / ton, flat
.
The price in the domestic market was stable, and Tianjin Daqing reported 9500 yuan / ton, flat; East China Yuyao Jilin Petrochemical 9650 tons, flat; South China Guangzhou Maoming reported 9500 yuan / ton, flat; Northwest Dushanzi reported 9550 yuan / ton, unchanged
.

Today, LLDPE rebounded slightly to return to the sideways near yesterday's closing price, and the transaction and position were significantly enlarged, indicating that investors began to enter the
market.
Technically, the LLDPE1805 contract has pressure and support
below.
KDJ and MACD indicators have signs of stopping the decline, and it is expected that as the holiday atmosphere gradually fades, plastics should have rebound demand, but the magnitude of the rebound should not be too optimistic
.
Operationally, short-term investors can go long on the dip and stop loss 9,500 yuan, and medium-term investors still need to wait and see
.