The hottest reduction rebound frequent short-term

The reduction rebound and frequent short-term position building

[trading Express] closed at 11:00, and the China Plastics warehouse receipt composite index closed at 1271.31, up 4.01 points from the previous trading day

after four consecutive negative days in the market last week, the index finally closed positive, but the overall rebound height is limited. In the early trading, the market opened higher, and the intraday price trend was differentiated. The linear price kept oscillating after rising in the early stage, so that the light on this key was on for adjustment. The intraday traders had a heavy sentiment towards the plate, and most of them bought; PP warehouse receipts reversed at the end of the session, and the overall rise stopped and fell, and the rebound momentum was insufficient. The composite index rose slightly today, but it has not recovered its short-term average. At present, the market mentality is complex, and there is no obvious correction in technical indicators. Judging from the disk situation, today's market transactions decreased significantly, and there were no more changes in the disk. On the contrary, traders began to build a large number of positions, and the market may usher in a new wave of market

11:00 closing, the settlement prices of ab0612, hd0612, ll0612 and pp0612 were 14410, 12400, 11964 and 12075/ton respectively, up and down by +58, +98, +87 and +17 points respectively on the previous trading day compared with the agreement signed by China to send Chinese teacher volunteers to Mongolia. There was no transaction today for pvc0612. A total of 19255 tons were traded in the market today, 3315 tons less than the previous trading day; The total order was 56240 tons, an increase of 3580 tons over the previous trading day. The specific data of double volume are as follows:

total amount

ABS

LLDPE

PP

PVC

HDPE

trading volume

19255

20

7950

10785

65

435 how to detect the thermal properties of thin films has become an International difficulty

order quantity

565 240

500

17320

36545

310

1565

(personal view, for reference only; based on this, enter the market at your own risk)

source of information: China plastics trading

note: this 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