The hottest trading Express is expected to improve

[trading Express] it is expected that the decline stop adjustment may be improved, which is the trend

[trading Express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 556.5, with a good dispersion of 6 points, down 9.37 points from the previous trading day

crude oil futures on the New York Mercantile Exchange (NYMEX) closed sharply lower on Wednesday because the market was surprised that the latest gasoline inventory data in the United States unexpectedly increased the launch of more new products in the field of intelligent utilization, indicating weak demand. NYMEX December crude oil futures settlement price fell $5.23 to $65.30 a barrel, down 7.4%. The settlement price of Brent crude oil futures in December on the ICE Futures Exchange fell by $4.57 to $61.87 a barrel, or 6.9%. According to the data released by the energy information administration, a statistical agency of the U.S. Department of energy, as of the week of October 31, the U.S. gasoline inventory unexpectedly increased by 1.1 million barrels, indicating that market demand is still lower than the level of the same period last year. Analysts had expected a drop of 600000 barrels

as of 3 p.m., the electronic intraday quotation of WTI recent month futures was reported at 64.73 yuan/barrel, down US $0.81

on November 5, the main force of the warehouse receipt market opened low in the middle, and the decline has finally loosened for several weeks. The overall market has increased sharply, and the index still has a decline of about 18 points. Today's opening, the main warehouse receipts still fell by the limit, but the early buying continued, driving the recovery of the market. According to the commission ratio data, the buying proportion of PP far month warehouse receipts was dominant, which was a down limit market, so the tension wheel should be re tightened; For the first time. After 10 o'clock, the PP plate rebounded and showed an upward trend, but it turned down again due to the strong pressure from the short side. In the afternoon opening, the market fell slightly, with some of the main warehouse receipts falling by the limit, and the market turnover was active. The commission ratio data reflected a large increase in the purchase proportion of PP long-term warehouse receipts. The warehouse receipt index closed at a short positive line today, with the deviation rate and random indicators picking up, and the bulk order increased significantly. In terms of spot goods, the PE market atmosphere is flat, the transaction is still not improving, the market fell slightly, and downstream buyers are still mainly on the sidelines. The PP market in China plastic city is still weak, and the quotation continues to fall, but the range has obviously slowed down compared with the previous period. Due to the low operating rate of downstream factories as a whole, traders mainly ship goods and absorb few goods, so the market demand is not large-scale, resulting in continuous light transactions

on the whole, yesterday's general decline in the stock market and the retreat of crude oil have a great impact on the market. Liansu's main force not only retook yesterday's rebound results, but also hit a new low. The 6000 yuan level is in jeopardy. Whether the downward break needs to be verified in the aftermarket. The warehouse receipt market rebound today failed, and the recent long position reduction is obvious. The aftermarket stop decline adjustment is the trend, but as for the rebound expectation, it should not be too optimistic

15:00 closing, the settlement prices of ab0812, ll0901 and pp00901 were 11700, 6273 and 5459 yuan/ton respectively, up and down by -200, -140 and -124 points respectively compared with the previous trading day. A total of 12100 tons were traded in the market today, 3015 tons less than the previous trading day; The total order was 18840 tons, an increase of 1395 tons over the previous trading day. The specific data of double volume are as follows:

total amount

ABS

LLDPE

PP

PVC

HDPE

trading volume

12100

5

720

11370

0

5

order volume

18840

15

2200

15925

0

700

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

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