On February 4, PP warehouse receipts were briefly commented in early trading
oil prices continued to rise by $0.70 on Tuesday. Today, China Plastics P1 generally needs to change oil p warehouse receipts every 2000 to 4000 hours, and the market is red. The main warehouse receipt variety pp0904 opened slightly higher at 8000 yuan/ton, and the opening price rose rapidly, reaching the highest point of 8190 yuan/ton. Since then, the market has been in shock, with the latest price of 8158 yuan/ton. The buyer accounts for a large proportion, and the trading is acceptable. The K-line chart shows that the entity has received a short positive line of the upper shadow, and the position of the entity's center of gravity has increased compared with the previous trading day. The KDJ index shows that the third line high level extends horizontally. MACD indicators showed that the height of the red column increased slightly compared with the previous trading day
in the spot market, whether the market can be effective to prevent accidents from warming up in the event of impact ultimately depends on the strength of downstream procurement recovery. According to the Convention, downstream factories will not resume production until after the Lantern Festival. Therefore, most sources of goods flow mainly among traders, and there are not many substantive transactions. It is expected that if the downstream demand can be successfully started, 6 According to different raw materials, the PP market is still likely to continue to rise
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