echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Liansu high opening oscillation The trading volume is significantly amplified

    Liansu high opening oscillation The trading volume is significantly amplified

    • Last Update: 2022-12-14
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    The Liansu 1905 contract opened at 8600 yuan, the highest 8620 yuan, the lowest 8540 yuan, closed at 8570 yuan, up 100 yuan, or 1.
    18%, the volume was 248718, and the position decreased by 7706 lots to 487830 lots
    .

    Continuous plastic

    News: According to Longzhong statistics, PE social inventories have rebounded
    .
    As of December 26, the total inventory of PE in the two barrels of domestic oil fell slightly, with a week-on-week decrease of 1.
    59%.

    The PE inventory of coal-based enterprises continued to rise slightly, up 7.
    80%
    week-on-week.
    Trader PE inventories continued to move higher, rising 11.
    48%
    week-on-week.

    Raw material price: naphtha CF Japan reported $434.
    38/ton, -6.
    96%; FOB Singapore is trading at $45.
    86/b, -7.
    41%.

    ethylene CFR Northeast Asia 940 USD/ton, +0%; CFR Southeast Asia is trading at $830/mt, +0%.

    Spot price: Southeast Asia quoted $1040, -0%; Far East reported $1020/mt, +0%.

    Domestic price: North China Daqing reported 9200 yuan, -0%; East China Yuyao reported 9350 yuan, -0%; South China Guangzhou 9200 yuan, -0%; Northwest Dushanzi 9300 yuan, -0%.

    Affected by the sharp rebound of crude oil, the L1905 contract opened high and fluctuated, the trading volume was significantly enlarged, and the position volume was also reduced
    .
    Fundamentally, the sharp rebound in crude oil has boosted market confidence to some extent, but the recovery of spot inventories has suppressed
    prices.

    Technically, MACD rebounded slightly, the red bar lengthened, the median KDJ indicator hovered, and it is expected that the future market plastic will come out of the range shock market
    .
    Operationally, investors can operate
    in the range of 8500-8680.

    This article is an English version of an article which is originally in the Chinese language on echemi.com 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 service@echemi.com. 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 service@echemi.com. It will be replied within 5 days.

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