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    Home > Chemicals Industry > New Chemical Materials > The price of continuous plastic futures fluctuated lower, and the market transaction was light

    The price of continuous plastic futures fluctuated lower, and the market transaction was light

    • Last Update: 2022-12-21
    • Source: Internet
    • Author: User
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    On Tuesday, the L2105 contract contracted and reduced its position, and the futures price fluctuated lower, closing at 8175 on the day, -200 yuan from the previous trading day; The volume was 345593 lots, the position was reported 195399 lots, -22691, and the basis was 175 yuan
    .

    Continuous plastic

    News: 1.
    Longzhong Information reported on April 13: Shenhua coal chemical industry Shenhua Baotou linear bidding volume was 822.
    5 tons, the previous day's bidding volume was 884.
    5 tons, the intraday trading volume was 96 tons, and the previous day's trading volume was 98 tons
    .
    Shenhua low-pressure intraday bidding volume was 4.
    775 tons, the previous day's bidding volume was 4.
    775 tons, the intraday trading volume was 0 tons, and the previous day's trading volume was 0 tons
    .
    Xinjiang high-pressure intraday bidding volume was 61 tons, the previous day's bidding volume was 0 tons, the intraday trading volume was 10 tons, and the previous day's trading volume was 0 tons
    .
    2.
    Longzhong Information reported on April 13: The inventory of two oil petrochemicals was 935,000 tons, unchanged
    from the previous day.

    Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8350 yuan / ton, -100 yuan
    .

    Warehouse receipt inventory: 1154 warehouse receipts, +149 receipts
    .
    Main positions: Top 20 long positions 128173, -19878; short positions reported 129478, -22086
    .
    Reduced
    headroom.

    Summary: In April, there were still installations in Asia for shutdown and maintenance, and supply in overseas markets remained tight
    .
    Dow Chemical said the price of all polyethylene resin it sells in the U.
    S.
    will increase by 9 cents/pound ($200/ton)
    starting in April.
    Domestic: The average operating rate of domestic polyethylene enterprises fell slightly last week, and the domestic production of polyethylene decreased
    .
    The operating rate of domestic PE downstream industries fell slightly by 56.
    8%.

    The operating rate of agricultural film enterprises fell sharply, the operating rate of packaging film enterprises fell slightly, and the operating rate of pipe, hollow and injection molding enterprises increased
    slightly.
    The PE inventory of domestic polyethylene enterprises (oil + coal) has increased, up 7.
    28%
    week-on-week.
    The spot market transaction is light, and the downstream bargain hunt purchases, resisting
    the attitude towards high prices.
    In the later period, there are still new devices put into operation in China, and it is expected that the market supply is sufficient
    .
    In terms of operation, it is recommended that investors can set the take profit in their hands and hold
    them cautiously.

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