The most popular shrinking market is difficult to

2022-07-20
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The shrinking volume closing positive market was difficult to be clear before the festival

[transaction express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 1272.35 points, up 0.06 points compared with the previous trading day

on Thursday, the oil price correction did not exert negative pressure on the China Plastics warehouse receipt market, of which 2/3 were dependent on imports. Today, the market opened low and rebounded, and the consolidation posture remained unchanged. In the morning market opening, LLDPE and PP opened slightly lower. After a short consolidation, the overall price rebounded in a shock driven by the buying, and rose and fell at the end of the day; The three varieties traded in the afternoon also opened lower and went higher, showing an overall shock consolidation. In terms of the disk situation, the trading atmosphere in the market today was general, and the traders were in a strong wait-and-see mood, and the transaction fell into a low ebb; The intraday buying volume was relatively large. The seller did not take advantage of the situation to sell down. Instead, many such pressure adaptive oil sources can improve the effectiveness by about 1 times compared with constant pressure sources. The buyer also took part in short-term selling back and bargain hunting. There are many bilateral closing positions. At the same time, it also maintained the V-0 flame retardant characteristics (thickness of 0.4mm (3.0mm)) and led to an obvious reduction in orders. On the daily K-line chart of the warehouse receipt composite index, there is a short positive today, and the physical position is still below the 5-day line

on the whole, today's market contraction is adjusted, traders' mentality is sensitive, and the pre holiday effect is obvious; It is expected that under the current situation of continued weak fundamentals, it is difficult to be clear before the warehouse line plot

15:00 the market closed. The settlement prices of ab0706, hd0706, ll0706, pp0707 and pvc0706 were 15295, 11923, 12014, 11759 and 6951 yuan/ton respectively, up or down by +4, +21, -5, -7 and +v respectively compared with the previous trading day - the wear rate was 9 points. A total of 10795 tons were traded in the market today, a decrease of 6780 tons compared with the previous trading day; The total order was 65690 tons, a decrease of 1555 tons compared with the previous trading day. The specific data of double volume are as follows:

total volume

abs

lldpe

pp

pvc

hdpe

trading volume

10795

270

3115

6925

40

445

order volume

65690 p>

1181 5

11755

51370

670

710

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

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