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    Home > Chemicals Industry > New Chemical Materials > Continuous plastic volume increased position, and the futures price fluctuated higher

    Continuous plastic volume increased position, and the futures price fluctuated higher

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Thursday, Liansu L2105 contract increased its position, and the futures price fluctuated higher, closing at 8085 on the day, +180 yuan from the previous trading day; The volume was 333482 lots, the position was reported 339712 lots, +18513, and the basis was -35 yuan
    .

    Continuous plastic

    News: In January and January, the overall operating rate of domestic agricultural film was +3% month-on-month and +15.
    6%
    year-on-year.
    The demand for shed film has been finalized and the start of construction has decreased
    .
    The bidding orders of large-scale mulch film enterprises are concentrated, and the follow-up of orders in other mulch film markets is slightly slow, and the start of enterprises is general.

    2.
    According to Longzhong based on the calculation of sample enterprises, as of February 3, the overall operating rate of domestic PE pipe enterprises was -8%
    compared with last week.

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8050 yuan / ton, +50 yuan
    .

    Warehouse receipt inventory: 923 warehouse receipts, -0 receipts
    .
    Main positions: Top 20 long positions 200503, +9106, short positions reported 245488, +10910
    .
    Increased
    headroom.

    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 long holiday is approaching, or many companies need to prepare materials, and the petrochemical inventory of two barrels of oil continues to maintain a low level also supports the price, the current fundamentals are long and short intertwined, it is expected to maintain a range shock pattern in the short term, operationally, it is recommended that investors operate in the 7950-8200 range
    .

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