The price of continuous plastic futures fluctuated lower, and the market supply was slightly greater than the demand

News: 1.
July 2021
.
Domestic production of polyethylene was 1.
9236 million tons, an increase of 35,200 tons or 1.
85%
from June.
An increase of 405,900 tons, or 26.
74%,
over the same period last year.
According to the schedule, the output of polyethylene in August is expected to be about 2.
018 million tons, +94,000 tons from the actual output of the previous month and +288,000 tons
from the same period last year.
2.
Longzhong Information reported on August 3: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 530 tons, the previous day's bidding volume was 450 tons, the intraday trading volume was 150 tons, and the previous day's trading volume was 143 tons
.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8150 yuan / ton, -50 yuan
.

Warehouse receipt inventory: 5367 warehouse receipts, +0 sheets
.
Main positions: Top 20 long positions 170795, -1090; short positions reported 179482, +113
.
Increased
headroom.

Summary: The average operating rate of polyethylene enterprises rebounded last week, and the supply of polyethylene polyethylene increased
.
The operating rate of various downstream industries of PE increased slightly compared with the previous week, among which agricultural film and packaging film enterprises rose, pipe companies operated steadily, and injection molding and hollow industries declined
.
Inventories by production companies have risen, indicating that market supply is slightly greater than demand
.
L2109 volatility fell during the day, and it is expected that there will be a demand for the lower band support of the test range in the future, and it is recommended that investors can set a take profit and hold it
cautiously.