The hottest spot coincided with the sharp fall of

2022-10-19
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At 11:00, the China Plastics warehouse receipt composite index closed at 1256.82 points, down 5.99 points from the previous trading day

although the oil price closed sharply negative, today's warehouse receipt market was reasonable and unexpected. In the morning, it was still low opening, and there was a jump range in the session, and the performance of both main players showed a sharp decline. However, in the early part of the session, it gradually showed the form of resistance to decline. The short-term pressure brought by the two-day sharp decline and the buyer's eagerness to counterattack made the disk rise gradually, and the overall end of the session fell slightly. In terms of transaction details, today's transaction volume was significantly reduced, and the order was slightly reduced. There was no panic market after the sharp decline, so it was asserted that the rebound was somewhat optimistic. The composite index continued to dip today, but it encountered support again near 1250. Although it is still under pressure on the moving average system, in view of the possibility of building a sensitive double bottom, the short-term trend is not clear

11:00 closing, the settlement prices of ab0612, hd0612, ll0612 and pp0612 were 14400, 12300, 11925, 11867 and 6900 yuan/ton respectively, up and down by -100, -35, -49, -66 and -66 points compared with the previous trading day. A total of 18675 tons were traded today, a significant decrease of 5600 tons compared with the previous trading day. Doctors sometimes install a metal plate to support the bone when it heals; The total order was 57555 tons, basically unchanged from the previous trading day. The specific data of double volume are as follows:

total amount

ABS

LLDPE

PP

PVC

HDPE

trading volume

18675

70

7300

11150

30

125

order quantity

plastic pipe

420

18740

36525

270

1600

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

information source: the interface of China plastics trading

heat sealing note: the reprinted content is indicated with the source, and the reprint is for the purpose of transmitting more information, which does not mean agreeing with its views or confirming the authenticity of its content

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