The hottest trading Express is weak to rise, and t

[trading Express] the market is difficult to shine if it wants to rise weakly

[trading Express] 2 closed at 15:00, and the China Plastics warehouse receipt index closed at 1333.84 points, up 2.13 points from the previous trading day

the oil price rebounded sharply on Thursday. Today, China Plastics warehouse receipt market tried to rebound, but the range was much higher than that of China's traditional plastic bottle packaging market. The competition in China's traditional plastic bottle packaging market was fierce and weak, and the decline was difficult to change

in the morning market opening, LLDPE and PP opened slightly higher as a whole, in which the linear narrow range rose and gradually stabilized. As a kind of precision instrument and equipment, the tension machine fell back before the end of the trading, and closed up slightly at the end of the trading. PP opened high for a short time, and then fell under the pressure of selling in the middle and late stages, and closed down narrowly at the end of the trading; The three varieties of afternoon trading were also mixed, with ABS and HDPE surging higher and closing higher across the board, while PVC fell. In terms of the disk situation, today's market trading is stable and the transaction is still good; Intraday trading was relatively balanced. Some sellers closed their positions and new air forces entered, while many buyers took advantage of the situation to build positions and order small increments. On the daily K-line chart of the warehouse receipt composite index, there is a short positive picture today. The entity is still subject to the 5-day line suppression, and the KDJ index is down and there is a dead cross

on the whole, the market is weak today, and the market mentality is still cautious. It is expected that under the current situation that the spot market starts to cool and the technical indicators are not optimistic, the warehouse receipt market will be difficult to shine in the short term

15:00 closing, the settlement prices of ab0803, hd0801, ll0803, pp0801 and pvc0803 were 15791, 13723, 13706, 12304 and 7241 yuan/ton respectively, up and down by -4, +19, +52, +11 and -39 points compared with the previous trading day. A total of 11795 tons were traded in the market today, 720 tons less than the previous trading day; The total order was 25080 tons, an increase of 420 tons over the previous trading day. The specific data of double volume are as follows:

total amount

ABS

LLDPE

PP

PVC

HDPE

trading volume

11795

90

3280

7825

100

500

order volume

25080

170

5665

18885

225

135

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

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