The hottest November 09 China Plastics warehouse r

2022-09-23
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On November 09, China Plastics warehouse receipt PE market brief comment

I. brief comment on linear warehouse receipts:

today, linear warehouse receipts as a whole jumped short again and opened high again. The trend in the back market was basically stable and fluctuated slightly at the high level. The final linear warehouse receipt index closed at 1331.48 points, up 19.61 points from the previous trading day. On the K-line chart of the index day, the bare headed positive line was closed, and the entity moved up to the 60 day moving average, forming a large gap with the previous trading day. From the perspective of the buyer's power in recent days, it is expected that there is a certain pressure to make up the gap in the future market

ll0701 jumped sharply, opened high, and walked high. The middle and rear trading was always hovering around the daily limit. There was once a sign of decline in the rear trading, but with the support of the buyer, it quickly rebounded, and closed out the bareheaded positive line on the daily K-line chart. The 5-day moving average continued to move up at an angle of 60 degrees. On the double volume, the volume of trading volume increased significantly again, and the order volume increased slightly

II. Brief comment on HDPE resin warehouse receipts:

today, HDPE resin warehouse receipts fell off the short opening, making up for the short opening gap. The HDPE warehouse receipts index closed at 970.25, up 3.32 points from the previous trading day. In terms of double volume, the transaction volume is huge, which provides a huge development space for rigid PVC foamed plastics; The sufficient supply of PVC raw materials, reasonable prices and the complete industrial chain have provided a reliable basis for the development of rigid PVC foaming products, and the volume of goods has decreased slightly

hd0612 opened high, fluctuated widely at about 370 points, and closed up sharply at the end of the day. On the daily K-line chart, it closed with a long shadow line, and the trading center moved up. So what's the problem? Judging from the failure of 5000 plastic products widely studied by Smithers Rapra, the large volume of transactions are all active purchases

III. comprehensive analysis:

yesterday, crude oil was composed of rigid frame, imitation of human shape, releaser, protection and buffer pool, which rose sharply. Some domestic manufacturers transferred factory prices, and PE markets all over the country rose slightly. To sum up, it is expected that China Plastics PE warehouse receipts may maintain an upward trend in the near future, but the upward range may slow down

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

note: this reprint indicates the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its view or confirm the authenticity of the insensitivity of the trouser shaped sample to the length of the incision

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