The contract contraction increased its position, and the futures price soared and fell

News: 1.
Longzhong Information reported on September 28: The two oil stocks were 610,000 tons (the revised inventory in the previous day was 610,000 tons), the same
as the previous day.
2.
In August 2020, the import volume of PE was about
1.
5533 million tons.
Among them, LDPE imports were 248,200 tons, HDPE imports were 806,500 tons, and LLDPE imports were 498,600 tons
.
In August 2020, the total PE export volume was 22,200 tons
.
Among them, the export volume of LDPE is 08,700 tons, the export volume of HDPE is 10,000 tons, and the export volume of LLDPE is 0.
35 tons
.
According to statistics, in August 2020, China imported 187,500 tons of ethylene, with an average price of 758.
29 US dollars / ton
.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7350 yuan / ton, +0 yuan
.
Warehouse receipt inventory: 1484 warehouse receipts, -24 sheets
.

Main positions: Top 20 long positions 161679, -158, short positions 164520, +3725
.
Net multi-turn headroom
.

Summary: The operating rate of downstream agricultural film enterprises has rebounded, and the recent polyolefin inventory in major domestic ports has remained in the historical low area, indicating that the short-term supply pressure is not large
.
However, after entering the end of September, PE has a new device production plan, and the later maintenance of the equipment gradually decreased, it is expected that the market supply will increase significantly in the later stage, in addition, the trend of crude oil weakened, but also to a certain extent to the price of plastics to a certain extent
.
In terms of operation, it is recommended that investors operate in the range of 7200-7380 yuan
.