Liansu rushed back down and showed signs of divergence in the short term

In terms of news, the introduction of the "Implementation Plan for the Comprehensive Banning of the Production, Sales and Use of Disposable Non-degradable Plastic Products in Hainan Province" will focus from "limited" to "prohibited"
.
The difference between the "plastic ban order" issued by Hainan and the relevant laws and regulations announced in various places is that unlike the economic payment and other means of plastic restriction, the "plastic ban order" announced by Hainan Province is a ban
on plastic products in the catalog.

In the spot market, the domestic polyethylene market is mixed, and the adjustment range is 50-150 yuan / ton
.
In terms of enterprises, the opening price of the main regional sales companies continued to rise, with a range of 50-100 yuan / ton
.
Linear futures volatility lower, the spot market high-pressure supply is tight, the price continues to rise, the linear price fell back 50-100 yuan / ton, the low pressure changes little, downstream users are mainly wait-and-see, and the real transaction is general
.
As of the morning close, North China and East China adjusted 50-150 yuan / ton, and South China high pressure and linear fell by 50-100 yuan / ton
.

warehouse receipt inventory, exchange warehouse receipt reported 1563 lots, intraday +0 lots; In the historical median zone
.
Main positions: The top 20 long positions in the main contract are 174369 lots, +6515 lots, short positions are 235450 lots, +10088 lots, and net long positions are -61081 lots, -3573 lots
.

Summary: Tensions between the United States and Iran and peak equipment maintenance supported LLDPE prices
.
However, after a sustained rise, there are certain signs of overbought in the short term, which suppresses
the price.
Technically, the current L1909 contract bullish pattern has not been damaged, and the lower moving average has formed a certain support for the price, but the pressure of the 8200 yuan line cannot be ignored
.
The indicator MACD is flat at a high level, the red bar is contracting, and the KDJ indicator is hovering at a high level, with signs of
divergence in the short term.
The future market focuses on whether the support of the 7980 line is strong
.
Operationally, it is advisable
for investors to wait and see for the time being.