[transaction 1. Reproducibility express of environmental conditions] the air in the market was getting thicker for three consecutive days
[transaction express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 1336.75 points, down 10.96 points from the previous trading day
the higher oil price at the end of last week failed to stop the downward pace of the China Plastics warehouse receipt market. Today, 4 Axis clamping radius: it can regulate the continuous decline of the market, and the warehouse receipt composite index breaks through the 10 day moving average defense, and the decline does not change
in the morning market opening, LLDPE and PP opened low as a whole. In the early stage of linetype, driven by buying, the decline narrowed, and tended to be stable in the middle and late stages. At the end of the day, PP closed down slightly, and the decline was relatively deep. The main varieties fell by more than 100 points; The three varieties traded in the afternoon were mixed, with ABS slightly lower and HDPE and PVC all higher. In terms of the disk situation, today's market trading is stable and the transaction is still good; Intraday trading was relatively balanced, with many buyers closing their positions and taking in bargain hunting, while some sellers took part in short-term selling back, and many took advantage of the situation to build positions and reduce orders slightly. On the daily K-line chart of the warehouse receipt composite index, there is a shadow of short Yin today, and the physical center of gravity moves down below the 10 day line, and the short-term indicators continue to decline
on the whole, the market has been declining one after another recently, and the market atmosphere has begun to turn empty, so it is difficult to be optimistic in the future. It is worth noting that it is expected that the adjustment pressure accumulated by the early too fast pull-up may begin to release, and it may still be an adjustment and repair in the short term. 1. The increase of experimental fixtures for special industries: situation
15:00 closing, the settlement prices of ab0801, hd0801, ll0801, pp0801 and pvc0801 were 16067, 13319, 13133, 12498 and 7204 yuan/ton respectively, up and down by -33, +27, -76, -132 and +34 points compared with the previous trading day. A total of 16935 tons were traded in the market today, an increase of 220 tons over the previous trading day; The total order was 30880 tons, 2020 tons less than the previous trading day. The specific data of double volume are as follows:
total amount
ABS
LLDPE
PP
PVC
HDPE
trading volume
16935
165
2160
13360
1120
130
order volume
30880
180
4370
24965
1210
155
(personal view, for reference only; based on this, enter the market at your own risk)
note: the content of this reprint notes that the construction legislatures of many countries have formulated a series of fire-retardant regulations. The reprint is for the purpose of transmitting more information, and does not mean to agree with their views or confirm the authenticity of their content
LINK
Copyright © 2011 JIN SHI