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    Home > Chemicals Industry > New Chemical Materials > Liansu rebound is weak intraday contraction and position reduction

    Liansu rebound is weak intraday contraction and position reduction

    • Last Update: 2022-12-11
    • Source: Internet
    • Author: User
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    Liansu 1809 contract opened at 9155 / ton, the highest to 9200 / ton, the lowest to 9125 / ton, closed at 9145 / ton, down 50 yuan, or 0.
    54%, the volume was reported 152884 lots, and the position decreased by 14568 lots, reported 369908 lots
    .

    Continuous plastic

    News: Guangzhou PE market offer price fell, linear product market transaction price is about 9250-9350 yuan / ton, the market wait-and-see mainly, real transaction negotiation
    .
    The price of Yuyao PE market rose, the factory price of enterprises was partially adjusted, traders accompanied the offer, and the real transaction was more negotiated
    .
    It is expected that the linear transaction is about
    9250-9400 yuan / ton.
    Shanghai polyethylene market prices partially fell, due to the decline in futures, the market trading atmosphere weakened, traders partially gave profits to shipments
    .
    Today's market transaction price is expected to give part of the profit of 20-50 yuan / ton
    .

    Raw material price: naphtha CF Japan reported 666.
    25 US dollars / ton, up 0.
    02%; FOB Singapore was trading at $73.
    07 a barrel, down 0.
    05%.

    ethylene CFR Northeast Asia 1390 US dollars / ton, down 5 US dollars; CFR Southeast Asia was flat at $1270/mt
    .

    Spot price: Southeast Asia was quoted at $1155, flat; Far East reported 1135 yuan / ton, down $
    5.
    Domestic prices: North China Daqing reported 9300 yuan / ton, down 50 yuan; East China Yuyao reported 9,400 tons, flat; Guangzhou in South China 9250 yuan, down 50 yuan; Northwest Dushanzi reported 9,400 yuan, unchanged
    .

    The rebound of the 1809 contract was weak, and the intraday contraction and position reduction, and the weak pattern continued
    .
    Fundamentals coexist with long and short, the central mother's directional reduction of the standard, the peak period of equipment maintenance to form a certain support for the price, but the escalation of the Sino-US trade war, the sluggish downstream demand, and the slow decline in social inventory have suppressed it to a certain extent
    .
    Technically, the MACD indicator red bar is shortened, the KDJ indicator shows signs of turning to the downside, and it is expected that there will still be a pullback requirement
    .
    In operation, investors can set the take profit for short orders in their hands and hold
    them cautiously.

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