The volume of continuous plastic contracts increased and the futures price rebounded slightly

News: 1.
Last week, the total inventory of polyolefin samples in major domestic ports reported 263,400 tons, down 11,000 from the previous week and 91,900 tons
from last year.
2.
Shenhua Coal Chemical Industry Shenhua Baotou Linear Today's auction volume was 935.
775 tons, yesterday's auction volume was 835.
8 tons, today's trading volume was 400 tons, and yesterday's trading volume was 597 tons
.
Shenhua Low Pressure bid 223 tons today, 289 tons yesterday, 12 tons today, and 200 tons
yesterday.
Yulin High Pressure bid 112 tons today, 50 yesterday's auction volume 0 tons today, 0 tons yesterday.

Xinjiang High Pressure auctioned 50 tons today, 50 tons yesterday, 50 tons today, and 10 tons yesterday

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7100 yuan / ton, -20
.
Warehouse receipt inventory: 972 warehouse receipts, +0
.

Main positions: Top 20 long positions 138769, +59388, short positions 139718, +51429
.
Reduced
headroom.

Summary: Fundamentally, port inventories remain in the historically low area, and the recent two barrels of oil and petrochemical inventories are also in the low area of the past few years, indicating that the short-term supply pressure is not large, crude oil maintains a high volatility pattern, and cost support is still there
.
However, after entering the middle and late August, three new units are planned to be put into production, and it is expected that the market supply will increase significantly in the later period, and the gradual reduction of overhauled plants after entering the middle and late months is expected to limit the growth of LLDPE
.
Operationally, investors temporarily trade in the range of 6950-7150
.