On October 29, after the main contract 2101 of methanol opened at a low level, the long positions were reduced and the period price oscillated downward. After that, bulls increased positions and prices rose rapidly, but bears took the opportunity to increase positions and suppress the rise in futures prices. In the afternoon, the long short competition intensified, with the steady increase of the position, the period price oscillation operation. To the end of the day, short again, the price of the rapid weakening. Finally, the day closed down slightly.
According to the data of the top 20 seats in the long short list of the exchange, methanol 2101 contract showed a trend of both long and short increase. Among them, the long position increased by 67313, the short position increased by 52772, and the long position increased more.
Specifically, among the top 20 bulls, there are 15 additional seats. Among them, there were two seats with an increase of more than 10000 seats, and the shares of the eastern stock exchange futures increased by more than 33000 on the same day. Among the five seats reduced, the overall range is small, concentrated in less than 8000.
Among the top 20 short seats, 11 were increased. Among them, there were also two seats with an increase of more than 10000 seats. On the same day, more than 26000 seats were held in the SSE futures market. Among the nine seats reduced, the overall range is small, concentrated in less than 5000, and some seats are only slightly adjusted.
It is worth noting that 14 of the top 20 long short positions on the same day adjusted their positions in the same direction. Among them, the position of Dongzheng futures, which is the top of the long list, only increased 26568 short orders and 21832 net multiple orders while holding 33505 multiple orders; CITIC futures increased 14583 short orders and reduced net multiple orders to 56182 while holding 16705 multiple orders; Donghai futures increased only 106 short orders and net multiple orders to 4969 while holding 3908 multiple orders 。 At the same time, the increase in long positions of Xinhu futures, Galaxy futures, Shenyin Wanguo futures and Guangfa futures on that day was also higher than that on short positions. Although Guofu futures and Yide futures had carried out long and short reduction operations on the same day, the reduction of short positions was greater than that of long positions. The above data show that these seats tend to be optimistic about the future market.
On the contrary, Yong'an futures, which was the top of the short list, reduced its holdings of 7770 multiple orders and 544 short orders on that day, and the net short orders increased to 100128; Huawen futures reduced its holdings of 4964 multiple orders and 4714 short orders at the same time, and reduced the net multiple orders to 1977. At the same time, although Soochow futures seats, Everbright futures seats and Haitong futures seats carried out long and short increase operations on the same day, the increase in short positions was greater than that in long positions. The above data shows that these seats tend to be pessimistic towards the future market.
In addition, Huatai futures reduced 2603 short orders and 9467 clear orders while increasing 2501 multiple orders; Guotai Junan Futures seat reduced 929 short orders while increasing 1198 multiple orders, and reduced net orders to 8166. The above data show that this part of the seats are more optimistic about the future market.
Through the observation of the main position trend, we can find that in the top 20 seats of the long short list on that day, the long positions increased more. And from the adjustment direction and strength of the main positions among seats, the bull force is slightly better, and the future price center is expected to rise.
Source: Chemical Network
