Brief comment on PP warehouse receipt in morning t

2022-08-16
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On August 29, PP warehouse receipt was briefly commented in early trading

oil prices fell back $2.56 on Thursday. Plastic PP warehouse receipts rose and fell slightly today, alternating red and green on the disk. The main warehouse receipt variety pp0811 opened significantly lower at 13000 yuan/ton. After the opening, the price continued to decline slightly to 12950 yuan/ton, and then the market fluctuated and rose, with the latest price of 13100 yuan/ton. The competition between the buyer and the seller is fierce, and the trading atmosphere is good. The K-line diagram shows that the entity received a short positive line, and the position of the entity's center of gravity decreased compared with the previous trading day. The opening of the three lines of KDJ index extends at an average speed when the lower ball does not rotate in the experiment. There are various electromagnetic disturbance signals in the cloth. The opening of the forest line extends horizontally, and the price line is close to the middle rail

in the spot market, in view of the small supply of goods in the market as a whole and the small inventory of traders and downstream, it is expected that the market will maintain a narrow volatility trend in the short term

note: the source of this reprint is indicated. The reprint of 6million tons of plastic raw materials consumed annually (nearly all district and municipal governments, etc.) 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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