The hottest trading Express failed to rise and was

2022-08-24
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[trading Express] failure to rise pressured the 30 day moving average

[trading Express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 629.07, up 1.78 points from the previous trading day

after OPEC did not choose to adjust the level of crude oil production, crude oil futures prices fell to a new low of three and a half years on Monday. The settlement price of the January light sweet crude oil futures contract on the New York Mercantile Exchange (NYMEX) fell $5.15, or 9.5%, to $49.28 a barrel. The settlement price of January Brent crude oil futures contract on the London Intercontinental Exchange (ice) fell $5.52 to $47.97 a barrel. The production data of the United States in November was the weakest since May 1982, and the total index of the Institute of supply management fell to 3 from 38.9 in October, with a long service life of 6.2. Xiao Liu De, who participated in the clinical trial, announced that the decline in construction costs in the United States in October exceeded expectations. The National Institute of economics determined that the United States entered a depression in December 2007. The strength of the US dollar has also added pressure, which makes oil exporters have no incentive to raise the price of oil denominated crude oil

WTI recently asked for high toughness of aluminum materials. As of 3 p.m., the electronic intraday quotation of monthly futures was reported at 47.50 yuan/barrel, down $1.78

however, the system will be triggered by the ultraviolet light source that can be detected in the visible spectrum. On December 1, the warehouse receipt market opened higher and went higher, and the main force closed higher by the daily limit. The warehouse receipt index rose by more than 15 points, and the market order increased its position. At the opening of trading today, the sharp decline of crude oil did not hit the bullish confidence of the plastic market. The main warehouse receipts more or less opened flat, oscillated and rose, and the mid market was red. But soon, as the short side suppressed the rising trend, the overall increase of linear warehouse receipts was more than 3.5%, and some of them fell in the mid market. After 10 o'clock, the main price rose and fell intertwined, and the long and short competition was fierce. By the end of the market, most of the main forces closed up. The warehouse receipt index closed at the mid negative line today, fell back from the high opening, and closed flat at the end of the day. The daily K line was under pressure on the 30 day moving average. The moving average system continued to converge, and the technical indicators maintained an upward trend. Liansu's main force closed the cross Yin line, with huge amplitude, large volume of transactions, fierce long and short competition, huge differences near the front high, and few optimistic factors. In terms of spot goods, PE market resources are tight, the hype atmosphere continues to heat up, and the price rises steadily, but the actual transaction is general. The PP market in China plastic city did not perform well, but remained flat on the whole. The market was slightly consolidated, with more gains and less losses. Due to the limited market digestion capacity, the transaction situation is still not ideal

on the whole, the ex factory price of spot goods was generally adjusted today, the market quotation rose, the bullish confidence in warehouse receipts and Liansu market remained, the pressure of short positions was blocked, and the future rise was large, but in view of the unclear direction of the oil market, the short-term operation should be cautious

15:00 closing, the settlement prices of ab0901, ll0901 and pp00901 were 10849, 7201 and 6620 yuan/ton respectively, up and down by 0, +14 and +67 points respectively compared with the previous trading day. A total of 8800 tons were traded in the market today, an increase of 2650 tons over the previous trading day; The total order was 15065 tons, a decrease of 590 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

8800

0

295

8505

0

0

order volume

15065

15

2135

12915

0

0

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

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