Continuous plastic volume increase position and narrow range of futures price finishing

News: 1.
In September 2020, the operating rate of agricultural film enterprises across the country has increased
to varying degrees.
Among them, the operating rate of agricultural film in Central China, South China, North China, Northeast China and Northwest China increased by 10%-17% month-on-month, and the operating rate of agricultural film in Southwest and East China increased by 6%-9% month-on-month
.
The overall operating rate of agricultural film was +9.
7% month-on-month and +11.
8%
year-on-year.
The monthly operating rate of shed film was +12.
8%
month-on-month.
The demand for shed film gradually followed, and the operating rate of enterprises continued to increase
.
The monthly operating rate of mulch film was +10.
3%
month-on-month.
The demand for garlic film in the surrounding areas of North China is concentrated
.
2.
Longzhong Information reported on October 14: The two oil stocks were 735,000 tons, down 40,000 tons
from the previous day.
3.
Longzhong Information reported on October 14: Shenhua coal chemical industry Shenhua Baotou linear intraday bidding volume of 700 tons, previous day's bidding volume of 700 tons, intraday trading volume of 700 tons, last day's trading volume of 210 tons
.
Shenhua low-pressure intraday bidding volume was 179 tons, the previous day's auction volume was 100 tons, the intraday trading volume was 100 tons, and the previous day's trading volume was 100 tons

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7450 yuan / ton, -50 yuan
.

Warehouse receipt inventory: 1065 warehouse receipts, +0 sheets
.
Main positions: Top 20 long positions 173514, +3664, short positions 175939, +5818
.
Increased
headroom.

Summary: After entering the middle and late October, PE has a new plant production plan, and the equipment for later maintenance is gradually reduced, and the inventory of two barrels of oil and petrochemical after the holiday has increased significantly, indicating that the supply of the market in the later period has increased
.
On the demand side, as the weather gradually gets colder, the demand for agricultural film in the north will recover, and the orders of BOPP companies will also increase steadily, indicating that downstream demand has recovered well, and these factors support
linear prices.
Operationally, investors can set a take profit in their hands and hold
them cautiously.