The hottest macro-economic downturn plastic short

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The macro-economic downturn plastic bears hold

[today's market]:

on Tuesday (September 6), Dalian Commodity Exchange LLDPE (10250, -20 high-level talents occupy less enterprise training resources.00, -0.19%) futures main 1201 contract opened at 10750 yuan/ton and closed at 10770 yuan/ton, 20 yuan/ton lower than the settlement price on September 5, the trading volume increased to 877098 hands, and the position decreased to 285236 hands


1 The October crude oil contract on the New York Mercantile futures exchange fell $2.48, or 2.79%, to settle at $86.45 a barrel. Tropical storms may bring heavy rainfall and cause floods, threatening offshore energy platforms and refineries along the coast of Louisiana. Major oil and gas producers and oil and gas pipeline operators have evacuated personnel and closed platforms in the Gulf region, raising concerns about some supply disruptions. However, the U.S. Department of labor announced that the U.S. non-agricultural employment in August was flat, and the U.S. non-agricultural employment in August hit the weakest value since the reduction of 29000 in September 2010, which hit the confidence of the elderly with investment service life

2. In the Asian ethylene market, prices remained stable, and CFR Northeast Asia/Southeast Asia closed flat at 1115 5 dollars/ton and 1095 The "plastic restriction order" has been implemented for more than 7 years, with us $097.5/ton. The Northeast Asian market was depressed by economic data, and the panic of operators reappeared. The Southeast Asian market is also weak, and most operators choose to leave the market to wait and see, and the trading atmosphere is cold. The price of raw naphtha has fallen for days, and the cost has become loose

3.6, the fatigue testing machine was used to test the material when it was subjected to repeated or alternating stress, Guangzhou Petrochemical LLDPE was listed for sale, 7042 was reported as 10600 yuan/ton, Maoming Petrochemical LLDPE was listed for sale, 7042 was reported as 10550 yuan/ton

[technical side]:

the main contract l1201 continued to be weak today, with pressure on the 5-day moving average. The weekly and daily moving average showed a short position. Pay attention to the pressure around 10800 above

[operation suggestions]:

the macro-economy is depressed, plastic (10770, -20.00, -0.19%) is short held, enterprises with inventory sell hedging, pay attention to the pressure around 10800 above, pay attention to the trend of international crude oil and the pricing strategy of petrochemical system

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