Group 1 - The core viewpoint from Ruida Futures indicates that the short-term L2601 contract is expected to show a fluctuating trend [1] - Ningzheng Futures anticipates a weak fluctuation for the L2601 contract in the short term, with a resistance level around 7380 [2] - The supply side shows a slight decrease in PE production by 0.50% to 617,800 tons, with a capacity utilization rate of 78.72%, indicating stable supply conditions [1] Group 2 - The average operating rate of downstream PE products increased by 0.3%, with agricultural film operating rates rising by 2.9%, suggesting a seasonal demand increase [1] - Production enterprise inventory rose by 12.91% to 501,900 tons, while social inventory decreased by 2.14% to 556,500 tons, indicating manageable total inventory pressure [1] - Recent international oil prices have seen a slight increase, providing some cost support, while the EIA reported a larger-than-expected decrease in weekly inventories [1]