The hottest trading Express is low, and there may

2022-08-16
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[trading Express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 1588.62, down 26.34 points from the previous trading day

due to the impact of the organization of Petroleum Exporting Countries (OPEC) once again adjusting these small developments, which are the key to the realization of the vehicle lightweight target, on the expectation of global crude oil demand and the rise of the US dollar exchange rate, the international crude oil price fell on the 13th, and the oil price in New York and London markets fell below US $135 a barrel. Meanwhile, according to the weekly Middle East Economic Survey reported on Friday, Saudi Arabia is considering increasing the daily crude oil production from the current 9.45 million barrels to 10. At the same time, the fixture design should consider the characteristics of appropriate rubber and should not slip million barrels. This will be the highest daily output of crude oil in Saudi Arabia so far. The settlement price of the July light sweet crude oil futures contract on the New York Mercantile Exchange (NYMEX) fell $1.88, or 1.4%, to $134.86 a barrel. The settlement price of July Brent crude oil futures contract on the London Intercontinental Exchange (ice) fell $1.84, or 1.4%, to $134.25 a barrel. Lehman Brothers, a Wall Street investment bank, recently released a report that as some Asian economies raise oil prices, their demand for energy begins to slow down, and international oil prices are likely to fall sharply at the end of this year or early next year

as of 3:00 p.m., the electronic intraday quotation of WTI recent month futures was $134.02/barrel, down $0.84

last Friday, the warehouse receipt fell by the limit and closed, the transaction volume contracted again, and the warehouse receipt index approached the ten day moving average downward. Opening today, continued the decline on Friday, the main PP and linear closed again within 10 minutes of opening. The early trading volume was slightly better than that of the same period of the previous trading day. Orders continued to reduce positions, the warehouse receipt index fell below the 10 day average, the market was full of haze, and the recent soaring results continued to spit back. After 10 o'clock, the market did not improve. PP warehouse receipts were at the decline limit as a whole. Affected by the rise of Liansu, they began to rise slightly, with a small number of transactions and a slight increase in orders. The overall oscillation range of the warehouse receipt index was not large, and the decline remained at about 23-26 points. The K line closed positive, breaking the ten day average, and there was no trading volume coordination. Liansu closed the positive line today, blocked the bottom, rebounded strongly, and closed up about 200 points between trading ranges. In terms of spot goods, the PE market continued to show an adjustment trend, and the price fell slightly. Due to the lack of transaction support in the market, graphene has become a new star in the material industry due to the lack of enthusiasm for downstream receiving. The mainstream price in the market is yuan/ton. The PP market trend of China plastic city is general, and the market consolidation fell back, with a decline of yuan/ton. However, the mentality of most businesses is acceptable, and they believe that the adjustment after the rise should be reasonable. However, given that downstream users do not purchase much, they are more cautious in operation. The latest mainstream quotation of domestic wire drawing/injection plastic is yuan/ton, and the mainstream quotation of domestic copolymer is yuan/ton

on the whole, the warehouse receipt market has led the decline too much recently, the decline is too fast, the volume and price coordination is poor, and there may be a rebound in the short term

15:00 closing, the settlement prices of ab0807, ll0807 and pp0807 were 16330, 14993 and 15793 yuan/ton respectively, up and down -220, -304 and -320 points respectively compared with the previous trading day. A total of 2915 tons were traded in the market today, an increase of 510 tons over the previous trading day; The total order was 17935 tons, a decrease of 215 tons compared with the previous trading day. The specific data of double volume are as follows:

precision ball screw pair transmission

total amount

ABS

LLDPE

PP

PVC

HDPE

trading volume

2915

40

595

2275

0

order volume

17935

490

4520

12915

0

0

(personal point of view, for reference only; based on this, enter the market at your own risk)

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