Liansu rushed back down and the position increased significantly

News: Today's domestic PE market price in North China was affected by petrochemical price adjustments, and the market rose with the offer, with an overall increase of about
50-100 yuan / ton.
The price in the South China market rose linearly by 100-150 yuan / ton, the high pressure continued to be high, the price did not change much, and the low pressure part rose by 100 yuan / ton
.
The price in East China market is high pressure and linear rise of about 150 yuan / ton,

Raw material price: naphtha CF Japan reported 654.
75 US dollars / ton, down 1.
45%; FOB Singapore was trading at $72.
46 a barrel, down 0.
51 percent
.
ethylene CFR Northeast Asia 1350 US dollars / ton, flat; CFR Southeast Asia was flat at $1235/mt
.

Spot price: Southeast Asia was flat at $1120; Far East reported 1100 yuan / ton, unchanged
.
Domestic prices: North China Daqing reported 9700 yuan, up 100 yuan; East China Yuyao reported 9,700 yuan, up 100 yuan; South China Guangzhou 9700 yuan, flat; Northwest Dushanzi 9650 yuan, flat
.

The Liansu 1901 contract fell back sharply, and the position increased
significantly.
Fundamentally, petrochemical companies raised prices and the decline in social inventories formed a certain support for prices, but after many days of rise, there was a certain profit selling pressure
in the short term.

There is a technical divergence, the MACD indicator fluctuates higher, and the clam KDJ indicator continues to be in a top divergence state, and it is necessary to guard against technical adjustments
in the short term.
In terms of operation, investors can reduce their holdings at high prices when they rise sharply, and drop their pockets for safety
.