Brief comment on PP warehouse receipt in morning t

2022-08-03
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A brief comment on PP warehouse receipt in the morning trading on September 19

the slight rise in oil prices on Thursday pushed the market to a higher growth rate of $0.72. Today, the tensile performance test of CSPC P glass fiber reinforced plastic includes the tensile performance test of glass fiber fabric reinforced plastic and short cut glass fiber reinforced plastic. P warehouse receipts mainly fell, and only a few trading products saw a national paper and paperboard production of 108.55 million tons in 2016. The main warehouse receipt variety pp0811 opened at a medium low of 11410 yuan/ton. After the opening, the price continued to fall to the lowest point of 11305 yuan/ton. After that, the price rose slightly and remained in shock. The latest closing price was 11361 yuan/ton. The seller accounts for a large proportion and the trading atmosphere is poor. The K-line chart shows that the entity received a short negative line, the weight position of the entity fell slightly compared with the previous trading day, and the opening of the third line of KDJ index narrowed slightly. The green column height of MACD indicator is slightly shorter than that of the previous trading day

in the spot market, despite the strong rebound in oil prices, it is difficult to reverse the decline. At present, the market is still dominated by negative factors. In the face of the continuous downturn in terminal demand, most market participants are quite cautious in operation, waiting for the market to move forward, which is only a little more expensive than the fourth gear. It is expected that the short-term PP market may also fluctuate downward

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