The hottest trading Express is good, lack of marke

2022-09-19
  • Detail

[trading Express] lack of positive, unstable market mentality

[trading Express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 1581.22, down 25.19 points from the previous trading day

The settlement price of crude oil futures contract fell slightly on Tuesday, and traders were waiting for the confusing situation of world oil supply to become clear. The settlement price of light sweet crude oil futures for July delivery on the New York Mercantile Exchange (NYMEX) fell 60 cents, or 0.5%, to $134.01 a barrel. London Intercontinental Exchange (ice) July Brent crude oil futures contract settlement price fell 99 cents to $133.72 a barrel, down 0.7%. The dollar, which has recently regained its influence on the energy market, has not changed much since the release of higher than expected inflation data in the United States and the United Kingdom. Due to the lack of obvious trading clues, crude oil futures remained within the trading range of about $3, the smallest fluctuation range since May 26

as of 3:00 p.m., the electronic intraday quotation of WTI recent month futures was 133.65, which could not guarantee the measurement demand of US dollars/barrel, down US $0.36

yesterday, the warehouse receipt market reversed and rebounded, the disk turned from up to down, PP volume fell by the limit, orders increased significantly, there was strong pressure on the disk, and short positions were filled at a high level. Today's opening, not surprisingly, the main force opened low. The main force of PP warehouse receipts fell again within 10 minutes, the transaction was closed, the sales volume was overstocked, and the linear decline was small, but it bottomed twice. There was long and short positions at the low level, and there was some resistance to the price decline. After 10 o'clock, the main PP warehouse receipts continued to close the limit position and a small number of transactions. The linear warehouse receipts further fell this period, and some varieties fell by the limit. The main price was close to 15000 yuan/ton, and the strength of long trading was not good. The warehouse receipt index fell sharply today, with a decline of more than 25 points. The daily K-line closed at Xiaoyang. The entity fell sharply close to the 20 day moving average, which may be supported in the short term. At the same time, the short-term moving average intersected and the long-term arrangement was broken. Liansu opened lower today. The K-line shadow line was lower than the 20 day moving average, closing down 220 points. The transaction volume was slightly reduced, but orders continued to increase positions, and short selling power increased. In terms of spot goods, there are few sources of goods in the PE market, and the transaction price fluctuates little, but the quotation falls, the water content decreases more, and the willingness of traders to ship is strengthened. The market trend of PP in China plastic city was weak, and the quotation maintained a decline. Due to the wait-and-see mentality of downstream factories in the declining market, the transaction that was not very prosperous was even worse. The market atmosphere of PP in China plastic city was flat, and the quotation continued to fall, ranging from yuan/ton. Due to the slow amplification of effective demand, the transaction is still relatively light. The latest mainstream quotation of domestic wire drawing/injection plastic is yuan/ton, which is automatically calculated by the computer according to the experimental parameters set at the beginning of the experiment. The mainstream quotation of domestic copolymer is yuan/ton

on the whole, the warehouse receipts fell again today. The market mentality is poor, and the benefits are not much. It may continue to break down in the short term

15:00 closing, the settlement prices of ab0808, ll0808 and pp0808 were 16310, 15190 and 15444 yuan/ton respectively, up and down by +129, -196 and -315 points respectively compared with the previous trading day. Today, the order changed from 1 extensive plastic granulator to a combined, intelligent plastic granulator, with a total turnover of 4895 tons, a decrease of 6065 tons compared with the previous trading day; The total order was 18940 tons, basically unchanged from the previous trading day. Precautions for the use of double gauge rubber electronic universal testing machine body data are as follows:

total amount

ABS

LLDPE

PP

PVC

HDPE

trading volume

4895

50

1460

3385

0

order volume

18940

460

4595

13875

0

0

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

note: the reprinted contents are indicated with the source, Reprint is for the purpose of transmitting more information, and does not mean agreeing with its views or confirming the authenticity of its content

Copyright © 2011 JIN SHI