Brief comment on PP warehouse receipt in morning t

2022-08-19
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On December 26, the PP warehouse receipt was briefly commented in the morning

the international crude oil market was closed on Thursday. Plastic PP warehouse receipts rose across the board today, and the disk was red. The main warehouse receipt variety pp0904 opened flat at 6300 yuan/ton. After the opening, the price has been in shock consolidation, reaching the lowest point of 6262 yuan/ton. It rose in late trading, and the latest price was 6320 yuan/ton. The buyer and the seller compete fiercely, and the trading atmosphere is not good. K3 sampling rule line chart shows that the entity has received a short positive line, and the position of the entity's center of gravity is slightly higher than that of the previous trading day. KDJ index shows that the opening of the three lines is upward, with a trend of convergence. MACD indicators showed that the height of the red column was slightly lower than that of the previous trading day

in the spot market, dragged down by the poor international market environment and the lack of significant improvement in downstream demand, although the market is short of supply to support prices due to occasions such as the tensile strength of contrast tube reinforcement, microcatheter projects, etc., due to shrinking demand, the market atmosphere is light, businesses are still on the sidelines, and it is expected that the market will be difficult to make major moves in the short term, The capacity of some power battery enterprises is insufficient and continue to consolidate

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