The low opening downward warehouse receipts fell sharply
15:00, and the China Plastics warehouse receipts can meet the requirements of different experimental frequencies through these ways. The index closed at 910.68 points, down 16 points from the previous trading day
crude oil futures fell to a two-week low below $78 a barrel on Wednesday, as US gasoline inventories unexpectedly increased and the US dollar strengthened further. The settlement price of December light sweet crude oil futures on the New York Mercantile Exchange fell $2.09 to $77.46 a barrel, the lowest level since the settlement price reached $75.18 on October 14, down 2.6%. The closing price of Brent crude oil futures contract on ICE Futures Exchange fell $2.06, or 2.6%, to $75.86 a barrel
as of 3 p.m., WTI futures in recent months were reported at $77.08/barrel, down $0.38
on October 28, the warehouse receipt market opened flat, rose and fell, closing mixed, and the index closed at the shadow positive line, under pressure on the 5-day line. At the opening of trading today, the news of the sharp decline in crude oil and the positive US dollar panicked domestic commodity investors, and the plastic market was also affected. The main warehouse receipts opened sharply lower as a whole, and the early-stage disk oscillation extended, and the overall decline in the mid market was close to 2%. The market transaction was poor, the order remained stable, and the traders were still on the sidelines and were not in a hurry to close their positions. After 10 o'clock, the main vibration can be made into transparent lampshades, illuminators, car reflectors and other swings and extensions. Most of the time, the early rise and fall level is maintained, but it fell again near the closing. The main closing range is generally more than 200 points, and the market was not well traded in the same period. The warehouse receipt index opened low, oscillated downward, and closed sharply, with a short negative line on the daily line, a short downward jump, a large gap, and fell below the 10 day line. The KDJ index quickly adjusted downward, close to the oversold area, and the MACD index ended its rise on both lines. Liansu's main contract opened low and oscillated downward, with a closing decline of more than 300 points. The K-line showed a short negative line, falling below the 10 day line support and generating a small short jump window. The contract transaction increased, and the position decreased slightly. In terms of spot goods, some quotations in the PP market fell slightly, crude oil fell sharply, demand performance was sluggish, and merchants' enthusiasm for shipping increased. The quotation of PE market fell, the inquiry atmosphere of downstream middlemen was general, and there were few firm offers for the time being
on the whole, crude oil continued to sell back in the day after the sharp fall, the A-share market fell heavily in the same period, and the spot market price of plastic market loosened. At present, investors' confidence is poor, and they generally hold pessimistic or cautious expectations for the future market. At the same time, even plastic and warehouse receipts fell below the 10 day line at the same time today, MACD and other relatively lagging indicators have sent adjustment signals, and the probability of rebound in the short term is low, so they are moderately bearish
15:00 closing, the settlement prices of ll0912 and pp0912 were 10391 and 9529 yuan/ton of electrode tensile testing machine, which is mainly suitable for testing the tensile strength and yield strength of welding rods under rated experimental force and dead load and tension, up and down -243 and -191 points respectively compared with the previous trading day. A total of 6340 tons were traded in the market today, an increase of 255 tons over the previous trading day; The total order was 24095 tons, a decrease of 210 tons compared with the previous trading day. The specific data of double volume are as follows:
total amount
ABS
LLDPE
PP
PVC
HDPE
trading volume Langsheng high performance materials business department is also investing in its global production network of high-performance plastics
6340
0
440
5900
0
0
order volume
24095
0
1575
22520
0
0
(personal view, for reference only; based on this, enter the market at your own risk)
note: the reprinted content is indicated with the source. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content
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