The hottest trading Express index hit a new high,

[trading Express] the index hit a new high, and the main force closed at the daily limit

[trading Express] the market closed at 15:00. The China Plastics warehouse receipt index closed at 1458.74, up 19.60 points from the previous trading day

the supply problem has been affecting the nerves of the market, and investors expect that the rising momentum of oil prices is far from over. The settlement price of light sweet crude oil futures contract delivered in July on the New York Mercantile Exchange rose $1.38, or 1.1%, to $132.19. The London based Global Energy Research Center (CGES) released a report this week that under the condition that OPEC and other oil producing countries do not increase production, only a deep and widespread recession in the global economy can curb the continuous record high of oil prices. CGES is an energy consulting company founded by the former Saudi oil minister. The report said that in order to stop the surge in oil prices, there must be a far-reaching impact. Some foreign peers have made new and obvious progress in the research and development of deformation measurement technology, and a wide-ranging economic recession, so as to curb the oil consumption of developing and developed countries in Asia

as of 3:00 p.m., the electronic intraday quotation of WTI recent month futures was $132.79/barrel, up $0.60

on May 23, there must be adjustments after the sharp rise. The warehouse receipt market ushered in a small adjustment. After the low opening in the morning, the price quickly rebounded, and the market consolidated the rising foundation after clearing the floating chips. At the opening of the market today, the main market opened mixed and fell linearly, while PP jumped sharply, with a range of more than 150 points, and broke through the 14000 yuan mark at one fell swoop. The intraday price quickly rose again after finishing the previous platform. The PP warehouse receipt closed the limit near the end of the market. The market was full of bulls, rising sharply, and led the market index to a new high after last Thursday. If the machine is in standby mode, the volume can be restrained by the limit today. From the perspective of order changes, xinkong has less entry, and the order has been slightly reduced by the impact of profit taking. Although there is still support of long positions taking a callback to cover positions, the overall trend is downward. Bears suffered heavy losses today, but the possibility of short selling after long-term profits is not without. The crude oil market is strongly supported and is expected to continue to rise. The rise of warehouse receipts this wave is mainly concentrated in PP varieties. After the end of the long and short period, it is likely to enter a situation of killing more. Price increases are mostly accompanied by short-term pullbacks. Be cautious and be more cautious in covering positions. According to the news from the spot level, the linear market is mainly stable today, and the market is lack of news promotion. Most wait-and-see, PP quotation remains high, and some markets rise. The latest mainstream quotation of domestic wire drawing/injection plastic is yuan/ton, and the mainstream quotation of domestic copolymer is yuan/ton

although the main force of warehouse receipts reported a rise in the limit today, for the later market, it would be difficult to catch up with the rise again, and the probability of disk adjustment would gradually increase. At the same time, if there is a situation of killing more, it is bound to break the original long short game situation, while the market may usher in a certain degree of contraction and rise, and the volume and energy will no longer give sufficient support

15:00 closing, ab0806 achieved a main business income of 877.6 billion yuan, and the settlement prices of hd0806, ll0807, pp0807 and pvc0806 were 16018, 14400, 14444, 14104 and 8625 yuan/ton respectively, up and down by +118, +100, +68, 227 and +25 points compared with the previous trading day. A total of 10455 tons were traded in the market today, 470 tons less than the previous trading day; The total order was 19300 tons, a decrease of 215 tons compared with the previous trading day. The specific data of double volume are as follows:

total amount

ABS

L for equipment manufacturers of recycled plastic granulators, LDPE

PP

PVC

HDPE

trading volume

10455

90

2025

8330

5

order volume

19300

180

3370

15740

5

5

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

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