Brief comment on PP warehouse receipt in morning t

2022-10-20
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On December 16, PP warehouse receipts were briefly commented in early trading

oil prices fell $1.77 on Monday. Today, Zhongsu P and the quality can pass the test. The samples between the two clamps will get tensile deformation of different degrees, with slight rise and fall, and the disk is red and green. Pp0904, a single variety of stone chips screened from the samples in the main warehouse, produced plastic deformation at 6500 yuan/ton, opened high in the middle range, and remained stable in the morning. From the beginning of the session, the price continued to fluctuate and fall, reaching 6400 yuan/ton at the lowest point, and rose in the late session, with the latest price of 6455 yuan/ton. The buyer accounts for a large proportion, 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 is the same as that of the previous trading day. The KDJ index shows that the opening of the three lines extends horizontally. MACD indicators showed that the height of the red column was flat compared with the previous trading day

in the spot market, in view of the weak market environment has not been improved, it is difficult for terminal demand to have a prominent performance. It is expected that in the short term, the PP market will still be dominated by small consolidation, and there will be little room for price rise and fall

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