Minmetals futures: plastic upstream costs to support strong L short on dips

by:Lisson     2020-11-16
A oilfield because of reports that Libya will resume production, and an Iraqi pipeline resumed operation eased worries about global oil supply, international oil prices fell back. River downstream, the construction manufacturer to increase gradually, some small and medium-sized enterprises in north China gradually into the boot in production. In other parts of the order no obvious change, follow up is not beautiful, scale manufacturers continue off-season production, small manufacturer is still in a state of downtime. Comprehensive analysis, although a small drop in oil prices, but remain high, the cost of supporting strong, raise the spot and some petrochemical factory price, L prices are supported. L downward space is limited. Suggest operation, short near 10200, stop 10100.
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