The volume of continuous plastic contracts increased positions, and the futures price rebounded low

News: 1.
Longzhong Information reported on December 30: The two oil stocks were 585,000 tons, down 20,000 tons
from yesterday.
2.
Longzhong Information reported on December 30: Daqing Petrochemical's 65,000-ton old high-voltage device produced 18D, 200,000 tons of new high-voltage device produced 2811K; low-voltage device 80,000 tons of A line produced 5000S, 80,000 tons of B line produced 5000S, 80,000 tons of C line produced 5000SC; 80,000 tons of linear device produced 8320; new full-density plant 300,000 tons produced 6097 first-line production; 250,000 tons of second-line production 7042
.

Market quotation: North China Daqing Petrochemical 7042 mainstream price is 7700 yuan / ton, -100 yuan
.

Warehouse receipt inventory: 735 warehouse receipts, -5 sheets
.
Main positions: Top 20 long positions 147542, +1719, short positions reported 163268, +3262
.
Increased
headroom.

Summary: Two barrels of oil and petrochemical inventories continue to remain low, indicating that there is little pressure on the supply side
.
However, PE has plans to put new installations into production in December, and the number of units for later maintenance is gradually decreasing, indicating an increase
in market supply.
The operating rate of PE downstream industries was 50.
6% last week, -7.
8%
week-on-week.
In addition to the flat operating rate of pipes, the operating rates of agricultural film, packaging film, hollow and injection molding all declined
.
The operating rate of agricultural film enterprises fell by 7.
5%, the operating rate of packaging film enterprises fell sharply by 14.
5%, and the operating rate of injection molding enterprises also decreased by 1.
6%, indicating that the downstream demand for PE has weakened
due to the impact of environmental protection and power restrictions.
As the weather gradually gets colder, there are still signs
of weakening demand in the north.
Operationally, investors can set short orders in their hands to take profit and hold
them cautiously.