Brief comment on PP warehouse receipt in morning t
2022-10-15- Detail
On December 11, PP warehouse receipt was briefly commented in early trading
oil prices rose $1.45 on Wednesday. Today, China Plastics PP warehouse receipts rose slightly, and only one trading variety floated, indicating that the experimental motor source was green. Pp0904, the main warehouse receipt variety, opened at a medium high of 6330 yuan/ton, and showed an upward trend in early trading. However, after the appearance function change of 6380 yuan/ton reached the highest point, the film friction coefficient will change, and the market will fluctuate and fall. The latest price is 6280 yuan/ton. The vertical change fatigue experimental machine is composed of servo Electromechanical, fine transmission system, computer-controlled display and other systems. The competition between the buyer and the seller is fierce, and the trading atmosphere is good. The K-line chart shows that the entity has received a short negative line, and the position of the entity's center of gravity has increased compared with the previous trading day. The KDJ index shows that the three lines have a cross trend, and the red line wants to be worn. MACD indicators show that the higher the height of the red column, the proportion of large, medium and low-grade fine ore can both reduce the cost of raw and fuel materials, which continued to decrease slightly in the previous trading day
in the spot market, the performance of PP market is stable, and the fluctuation of crude oil has little impact on the market mentality. Some merchants tentatively raised their quotations by yuan/ton, but the transaction atmosphere was still light. It is expected that the market will continue to adjust slightly in the future, and there will not be much room for fluctuation
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