The price of the continuous plastic period is low, and the short side has a certain advantage

News: 1.
Longzhong Information reported on November 29: Shenhua coal chemical industry Shenhua Baotou line type intraday bidding volume of 180 tons, yesterday's bidding volume 0 tons, intraday trading volume of 80 tons, yesterday's trading volume of 0 tons
.
2.
As of November 26, 2021, the total inventory of polyolefin samples in major domestic ports was 255,500 tons, down from the previous week's inventory and 57,200 tons
from last year.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 8900 yuan / ton, -200 yuan
.

Warehouse receipt inventory: 2924 warehouse receipts, -0 sheets
.
Main positions: Top 20 long positions 146028, +3836; short positions reported 148781, -1919
.
Reduced
headroom.

Summary: The average operating rate of domestic polyethylene enterprises last week was 87.
18%, an increase of 0.
1% from 87.
08%
last week.
The total output of polyethylene of domestic enterprises was 487,900 tons, an increase of 0.
02 million tons
from 48.
77 tons last week.
Increased market supply
.
The operating rate of PE downstream industries was 55.
9%, down 0.
1%
from last week.
At present, the demand in the field of winding film and foaming is good, and the northern agricultural film is still in the peak season, and it is expected that the demand will pick up
next week.
Last week, the PE inventory of domestic polyethylene enterprises (oil + coal) fell slightly by 3.
61%.

This week, supply is expected to increase, demand to pick up, and social stocks are basically stable
.
The intraday L2201 contract opened low and fluctuated, indicating that the bears had a certain advantage
.