The short-term trend has improved slightly

News side: Yuyao PE market price is stable, the main futures in the morning open high and volatile, the factory price of the enterprise is stable, traders accompany the offer, and the real transaction is more negotiable
.
It is expected that the linear transaction is about
9250-9350 yuan / ton.
Guangzhou PE market offer price rises, linear product market transaction price is about 9250-9350 yuan / ton, the market is mainly wait-and-see, real transaction negotiation
.

Raw material price: naphtha CF Japan reported 668.
75 US dollars / ton, up 1.
06%; FOB Singapore was trading at $73.
17 a barrel, up 0.
87%.

ethylene CFR Northeast Asia 1390 US dollars / ton, flat; CFR Southeast Asia was flat at $1270/mt
.

Spot price: Southeast Asia was quoted at $1155, flat; Far East reported 1120 yuan / ton, unchanged
.
Domestic price: North China Daqing reported 9300 yuan / ton, flat; East China Yuyao reported 9350 tons; South China Guangzhou 9250 yuan, flat; Northwest Dushanzi reported 9,400 yuan, unchanged
.

The Liansu 1809 contract fluctuated higher, closing again on the short-term moving average, and the short-term trend improved
slightly.
Fundamentals coexist with long and short, the central mother's directional reduction of the standard, the peak period of equipment maintenance to form a certain support for the price, but the escalation of the Sino-US trade war, the sluggish downstream demand, and the slow decline in social inventory have suppressed it to a certain extent
.

Technically, the MACD red bar has become longer, and the KDJ indicator has shown signs of re-turning to the upside, but it is now close to the upper pressure level
.
Operationally, short orders in investors' hands can be held
cautiously at the 9350 line as the stop loss level.