The hottest trading Express may encounter support

2022-09-22
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[trading Express] the lower part of the low opening adjustment warehouse receipt may encounter support

[trading Express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 844.53 points, down 18.64 points from the previous trading day

on Monday, the price of crude oil futures on the New York Mercantile Exchange (NYMEX) was under pressure. Previously, the International Energy Agency predicted that the global daily oil demand would decrease by 2.4 million barrels this year, which was far weaker than the previous expectation. NYMEX may light sweet crude oil futures contract settlement price fell $2.19 to $50.05 a barrel, down 4.2%. ICE Futures Exchange may Brent crude oil futures contract settlement price fell $1.92 to $52.14 a barrel. IEA lowered the average daily demand of global crude oil in 2009 by 1million barrels. At present, it is expected that the average initial cracking period of global crude oil this year, which requires biodegradable film, will be slightly longer, and the daily demand will drop to 83.4 million barrels. This figure is 2.4 million barrels less than the average daily consumption level in 2008, a decrease of 2.8%, and will be the lowest oil consumption level since 2004

as of 3:00 p.m., WTI futures in recent months reported 493 in electronic trading in innovative fields such as new materials 61 yuan/barrel, down $0.44

on April 13, the warehouse receipt market opened low and fell by the local limit, the index closed short and negative, and the long-term arrangement of the moving average system was damaged. At the opening today, the main warehouse receipts opened significantly lower, maintaining a downward trend. After the low opening in the early stage, the market continued to decline. PP once fell by the limit across the board, and there were few linear warehouse receipts transactions. The overall market was overstocked, buying was missing, and the order volume did not rebound. From 10 o'clock to afternoon, the market closed mainly with disk oscillations, the decline limit of main PP varieties was loose, linear warehouse receipts covered most of the decline, and the overall market turnover was not much. The warehouse receipt index opened low today and closed down sharply. The daily K-line was a short positive line, the KDJ index fell rapidly, and the moving average system continued to converge. Liansu's main force opened low and oscillated in a wide range. The daily K-line was a spindle line. The entity's center of gravity shifted, and the transaction volume was large. The position of the contract increased significantly. In terms of spot goods, the price of PE market fell, and there was an upside down phenomenon in some parts. The quotation of traders generally fell, the quotation was chaotic, and the supply of goods was acceptable. As the crude oil market closed sharply lower yesterday, the PP market was significantly affected by bad news, and the market price continued to decline

on the whole, the warehouse receipt market fell and rebounded today, and even rebounded in the same period. The support below is strong, but the spot fundamentals are not good, and crude oil may continue to fall. The warehouse receipt may adjust the market in the short term. Let's see the support near 830

the market closed at 15:00. The settlement prices of ll0906 and pp0906 were 9016 and 8723 yuan/ton respectively, up and down by -59 and -184 points respectively compared with the previous trading day. A total of 8285 tons were traded in the market today, 230 tons less than the previous trading day, such as the need to improve the use of heat resistance; The total order was 18340 tons, a decrease of 620 tons compared with the previous trading day. The specific data of double volume are as follows:

total amount

ABS

LLDPE

PP

PVC

HDPE

transaction volume of experimental machines produced for the majority of users for so many years

8285

0

510

7775

0

order volume

18340

0

1715

16625

0

0

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