The main force of Liansu fluctuated higher, boosted by the strong trend of crude oil

News: Extend the output of 300,000 tons/year full-density plant of China Coal 7042, the output of low-pressure unit 049, and there is a plan
to switch to large hollow and small hollow in mid-to-late December.

Spot market: The domestic polyethylene market is mixed
.
The price of the main regional sales company was slightly reduced, with a range of 50-100 yuan / ton
.
Linear futures are higher, spot merchants have a fair shipping atmosphere, the offer is adjusted with the market, the linear is slightly higher, and the low pressure and high pressure parts are still lower
.
As of the noon close, the prices of various varieties in the North China, East China and South China markets were adjusted by 50 yuan / ton
.

Warehouse receipt inventory: exchange warehouse receipts reported 1231 lots, intraday -0 lots
.
Main position: The top 20 long positions in the main contract are 192003 lots, +13855 lots, short positions are 267991 lots, +8385 lots, and net positions are -75988 lots, with a decrease
in net shorting.

Summary: The average operating rate of polyethylene enterprises last week was 92.
04%, a decrease of 1.
8%
compared with the previous week's data (93.
84%).
Demand in the Asian market is lukewarm, and participants are waiting and seeing
amid economic uncertainty.
In India, where demand is stable, production of tarpaulins in India has already begun, with the Philippines restarting its 2 polyethylene plants and 1 polypropylene plant
in Batangas at the end of December.
In the middle of the month, resources from Iran and Exxon will be concentrated in Hong Kong; The overall operating rate of downstream agricultural film enterprises was 41.
6%, -0.
7%
week-on-week.
The operating rate of shed film enterprises was about 44.
2%, and the week-on-week was -3.
2%.

Demand has slowed down, and the operating rate of mulch film enterprises is 36.
3%, +4.
6%
week-on-week.
The bidding orders for mulch film in the northwest and southwest regions were implemented, the start of enterprises increased, and the total inventory of PE of the two barrels of oil rose, up 6.
84%
from last week.
Among them, Sinopec's PE inventory increased by 14.
22% from last week; CNPC PE inventories rose 3.
54%
from last week.
Overall, the Sino-US trade agreement reached a certain boost, which gave a certain boost to the market, and the strong trend of crude oil also supported LLDPE to a certain extent
.
In terms of operation, investors set a profit in their hands and hold
it cautiously.