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    Home > Chemicals Industry > New Chemical Materials > Liansu moved sideways around the intraday moving average, and the position volume increased slightly

    Liansu moved sideways around the intraday moving average, and the position volume increased slightly

    • Last Update: 2022-12-12
    • Source: Internet
    • Author: User
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    The Liansu 1901 contract opened at 9320 yuan, the highest to 9375 yuan, the lowest to 9280 yuan, and closed at 9335 yuan, up 15 yuan, or 0.
    16%, the volume was 288406, and the position increased by 4116 lots to 462700 lots

    Continuous plastic

    News side: PE market quotations in North China are mixed, high pressure individual down about 50 yuan / ton, linear adjustment of about 50-100 yuan / ton, low pressure change little
    High pressure in South China due to the decline in petrochemical prices, the market fell with the fall of about 50 yuan / ton, and the rest did not change much
    In East China, linear and high-pressure fell by about 50 yuan / ton, and low-pressure wire drawing fell by about 100 yuan / ton, but the price of imported goods rose by about
    50 yuan / ton.

    Raw material price: naphtha CF Japan reported 679.
    25 US dollars / ton, down 2.
    07%; FOB Singapore was trading at $74.
    07 a barrel, down 2.

    ethylene CFR Northeast Asia 1335 US dollars / ton, flat; CFR Southeast Asia was flat at $1230/mt

    Spot prices: Southeast Asia was flat at $1,130; Far East reported 1095 yuan / ton, down $
    Domestic price: North China Daqing reported 9500 yuan, down 100 yuan; East China Yuyao reported 9,500 yuan, down 100 yuan; Guangzhou in South China 9700 yuan, down 50 yuan; Northwest Dushanzi 9600 yuan, down 50 yuan

    The Liansu 1901 contract was sideways around the intraday moving average throughout the day, with a slight increase in holdings and a temporary truce between the long and short sides
    Fundamentally, the loosening of spot prices and a slight recovery of social inventories have put certain pressure
    on futures prices.

    Technically, the MACD indicator is moving to the downside at a high level, but the KDJ indicator has begun to enter the oversold area and there are signs of a low golden cross, combined with the support level below, it is expected that the downside has been relatively limited
    In terms of operation, it is recommended that investors can reduce their short orders at low prices, and drop their pockets for safety; Activist investors with short positions can tentatively open long orders and grab a rebound
    on the dip.

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