Lianplastic contracts reduced their positions and the rebound of futures prices was blocked

News: 1.
Longzhong Information reported on August 5: Shenhua coal chemical industry Shenhua Baotou line type intraday bidding volume of 560 tons, the previous day's bidding volume of 560 tons, intraday trading volume of 379 tons, the previous day's trading volume of 180 tons
.
Shenhua low-pressure intraday bidding volume was 100 tons, the previous day's auction volume was 100 tons, the intraday trading volume was 99 tons, and the previous day's trading volume was 33 tons
.
Xinjiang high-pressure intraday bidding volume is 50 tons, the previous day's bidding volume is 50 tons, intraday trading volume is 0 tons, and the previous day's trading volume is 0 tons
.
2.
The PE inventory of domestic polyethylene enterprises (oil + coal) continued to rise this week, up 7.
51%
from last week.
In terms of varieties, LDPE inventories fell by 3.
10%; HDPE inventories rose 0.
52%; LLDPE inventories rose 22.
57%.

Two barrels of oil PE inventories were higher, up 8.
71%
week-on-week.
Sinopec PE inventory rose 21.
81%; CNPC PE inventories rose 3.
93%.

The PE inventory of coal-based enterprises showed a higher trend, up 4.
39%
from last week.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8100 yuan / ton, -0 yuan
.

Warehouse receipt inventory: 5307 warehouse receipts, -0 receipts
.
Main positions: the top 20 long positions are 158410, -1439; short positions are reported at 169829, -4677
.
Increased
headroom.

Summary: The average operating rate of polyethylene enterprises rebounded last week, and the supply of polyethylene polyethylene increased
.
The operating rate of various downstream industries of PE increased slightly from the previous week, among which agricultural film and packaging film enterprises rose, pipe companies operated steadily, and injection molding and hollow industries declined
.
Inventories by production companies have risen, indicating that market supply is slightly greater than demand
.
The intraday L2109 rally is blocked, and it is expected that there will still be adjustment requirements
in the short term.