The hottest trading Express fell to a bottomless 1

[trading Express] bottomed out at 1200 points, easily broke down

[trading Express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 1192.94 points, down 13.26 points from the previous trading day

on Wednesday, the price of crude oil futures market on the New York Mercantile Exchange (NYMEX) closed up more than $6/barrel, getting rid of the recent weakness, due to the sharp decline in U.S. inventories and the decline of the U.S. dollar against the euro. The settlement price of nymex10 light and low sulfur crude oil futures closed up $6.01 to $97.16 a barrel, up 6.7%. The settlement price of Brent crude oil futures in November on the ice futures exchange closed up $5.62, or 6.3%, to $94.84 a barrel. According to the official weekly inventory report, as of the week of September 12, U.S. crude oil, gasoline and distillate inventories have declined

as of 3 p.m., the electronic intraday quotation of WTI recent month futures was reported at 96.06 yuan/barrel, down $1.10

promote the use of a batch of advanced and applicable processes, technologies and equipment in the fields of energy conservation, low carbon, water conservation, cleaner production, comprehensive utilization of resources, remanufacture, etc. on Wednesday, the decline in the market slowed down, the main warehouse receipts opened low and rebounded, and the warehouse receipts index closed down on the positive line, testing the support of the 1200 point integer figure. At the opening of trading today, the market was relatively indifferent to the news that crude oil soared by more than $6. The main warehouse orders opened slightly higher, and the early price oscillated and fell back. Traders' wait-and-see mentality was prominent, and the transaction was not good. However, from the perspective of order volume, both long and short sides were still trading volume. After 10 o'clock, the market continued to decline. The rust of the main warehouse receipt press slightly affected the operation efficiency, and the decline was large, generally more than 200 points. By the afternoon close, the linear decline was more than 300 points, and the overall decline of PP plate was about 250 points. The warehouse receipt index opened high and fell today, with a large amplitude. The daily K line closed at the negative line, which did not fall below yesterday's lowest point, but the order volume continued to increase, with more than 5000 hands, and traders' enthusiasm for speculation was high. Liansu also opened higher and fell today. The daily K-line closed at the shadow line. The entity was long, the price hit a new low, and the average short position was arranged. However, according to the position statistics, today's long positions were more open, which is worth speculation. In terms of spot goods, the PE market is weak. Due to weak effective demand, market participants are mostly on the sidelines, and it is difficult to gather popularity, so the transaction has been relatively light. The market atmosphere of PP in China plastic city is flat, and the price decline has not stopped, ranging from yuan/ton. Yesterday, the international oil price rebounded strongly, but this did not play a big role in boosting the market. The weak trading situation is difficult to fundamentally change, and the enthusiasm is weak

on the whole, the plastic market is still weak, and the sharp rebound in crude oil did not boost market confidence. The warehouse receipt market fell below the 1200 point mark, and even plastic hit a new low, while traders in the spot market maintained their shipping thinking. In the aftermarket, if the oil price can be more than 100 yuan, the weak market pattern of plastic may be changed

15:00 closing, the settlement prices of ab0811, ll0811 and pp0811 were 15500, 11938 and 11459 yuan/ton respectively, up and down by +25, -133 and -115 points respectively compared with the previous trading day. A total of 12980 tons were traded in the market today, an increase of 980 tons over the previous trading day; The total order was 26255 tons, an increase of 2080 tons over the previous trading day. The specific data of double volume are as follows:

total amount

ABS

LLDPE

PP although AMOLED technology has not yet achieved batch shipment

PVC

HDPE

trading volume

12980

15

2655

10310

0

0

order quantity

26255

135

5175

20945

0

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

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