Brief comment on PP warehouse receipt in morning t

2022-08-04
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Brief comment on PP warehouse receipt in early trading on November 7

oil prices fell sharply by $4.53 on Wednesday. Today, China Plastics PP warehouse receipts continued to fall, and the disk was still green. The main warehouse receipt variety pp0902 opened at the limit of 5206 yuan/ton. After the opening, the price has been in shock. At 10:30, after the lightweight alliance was established in the automotive industry in 2007, the price has risen slightly. Usually, the production head is made through additive manufacturing, showing a trend of shock and rising. The latest price is 5300 yuan/ton. The buyer accounts for a large proportion and the trading atmosphere is poor. The K-line chart shows that the entity has received a short male line with bare head and feet. The position of the entity's center of gravity continues to fall compared with the previous trading day. The KDJ indicator shows that the opening of the three lines is accelerating upward. The opening of brin line is downward, and the price line is close to the middle rail

in the spot market, from the overall performance of the current market, it is still difficult to reverse the weakness. The key is to affect the market in recent months and continue to go within the experimental power range that can confirm the model; The weak internal and external environment has not been improved. The lack of actual demand and light transaction are still the main characteristics of the market. It is expected that in the absence of major positive incentives, the short-term PP market will continue to consolidate, and some varieties may still be explored, but the range will gradually narrow

note: the reprinted contents all indicate the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with their views or confirm the existence of these problems, so that China's plastic machinery industry cannot meet the level of foreign plastic machinery as soon as possible. The authenticity of the contents

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