Founder medium-term bullish factors supporting plastic strong shocks-pr011.msi

Founder medium-term bullish factors: supporting plastic stronger shocks clients view the latest market market review: last week, L1701 contract opened at 8880 yuan per ton, stronger shocks, to close at 9025 yuan per ton, week rose 125 yuan per ton, the rate of increase is 1.40% weeks. Positions, Zhou positions to reduce the 17 thousand and 700 hand to 452 thousand and 500 hands, turnover to the hands of the 2 million 154 thousand and 100. L1705 contract opened at 8495 yuan per ton, to close at 8590 yuan per ton, week rose by $70 tons, the week rose by 0.82%. Crude oil situation: WTI crude oil to $44.49 (+2.89) USD barrel, Brent crude oil to $46.97 (+2.81). Last week, limiting rumors continue to ferment, the international crude oil rebounded sharply. U.S. energy information administration data show that as of August 12th week, the U.S. crude oil inventories 521 million 90 thousand barrels, down from the previous week, a total of 2 million 510 thousand barrels of gasoline stocks in the United States, a total of 232 million 660 thousand barrels a day, down by more than 2 million 720 thousand barrels. Spot market: LLDPE spot market prices last week within a narrow range, North China LLDPE mainstream price 8900-9100 yuan per ton, week rose 100 yuan a ton; East China LLDPE mainstream price 9100-9500 yuan per ton, week rose 100 yuan tons; Southern China LLDPE mainstream price 9450-9600 yuan per ton, up 100 yuan tons per week. Operating strategy: OPEC frozen production and weak U.S. dollar is expected to support the sharp rise in international crude oil, Brent crude oil futures and then $50, but the callback pressure. The supply side, the current PE equipment maintenance is centralized, device maintenance caused by the loss of supply will increase, the overall supply is still tight state. The demand side, the downstream film industry started in August gradually improved, 8 months late just need to continue to increase, but the season delayed phenomenon. Overall, repair by the increased demand and downstream effects of warming, supply and demand is for reducing the need for more, LLDPE prices are still supported, the downside is limited, there is support in the 88000 area, operating mainly to buy bargain. Risk point: crude oil price trend, PE equipment overhaul. A market review table 1:LLDPE futures weekly data sources: Wind, founder of interim research last week L1701 contract opened at 8880 yuan per ton, stronger shocks, to close at 9025 yuan per ton, week rose 125 yuan per ton, the rate of increase is 1.40% weeks. Positions, Zhou positions to reduce the 17 thousand and 700 hand to 452 thousand and 500 hands, turnover to the hands of the 2 million 154 thousand and 100. L1705 contract opened at 8495 yuan per ton, to close at 8590 yuan per ton, week rose by $70 tons, the week rose by 0.82%. Table 2: two, the upstream market upstream market weekly data sources: Wind, founder mid Institute (+4.08) WTI crude oil to 48.52 U. s.dollars a barrel, Brent crude oil to 50.88 U.S. dollars a barrel (+3.49), ethylene CFR Northeast Asia to 116.相关的主题文章: