The recovered warehouse receipts are expected to stop falling
15:00, and the China Plastics warehouse receipts index closed at 936.89 points, down 16.91 points from the previous trading day
on Wednesday, the price of crude oil futures market on the New York Mercantile Exchange (NYMEX) fell to a level slightly higher than $60. The sharp rise in U.S. fuel inventories further hit the prospect of a rapid rebound in oil demand. NYMEX August light sweet crude oil futures contract settlement price fell $2.79 to $60.14 a barrel, down 4.4%, the lowest intraday level since May 26; It fell as low as $60.01 during the session. The settlement price of Brent crude oil futures contract in August on the ICE Futures Exchange fell $2.80, or 4.4%, to $60.43 a barrel
as of 3 p.m., WTI futures in recent months were reported at 60.85 yuan/barrel, up $0.69
on July 8, the warehouse receipt market opened low and closed down sharply. The index closed at the short negative line, reversing Tuesday's rise. At the opening of today's trading, crude oil fell to around $60. Under the pressure of its bad weather, the main force opened lower again. In the early stage, the market continued to decline, and the decline further expanded, surpassing yesterday's closing decline. The market transaction was good, and the order volume remained stable. After 10 o'clock, the market fell and rebounded, with both gains and losses at the close. The market turnover increased over the same period, and orders continued to be reduced. The warehouse receipt index opened low and fell sharply. The daily K-line showed a short negative line, with a gap. The MACD index stopped rising on both lines, and the KDJ index fell to a dead cross. The main force of Liansu line opened low and went up. Although users can also choose the type of equipment controlled by computers, there is a double somersault market. The daily K line is a short positive line, intersecting with the 5-day moving average. The contract transaction is good, and the position remains stable. In terms of spot goods, the PE market quotation is not much, and some merchants' quotations adhere to yesterday afternoon's level, and the current price lacks the support of transaction. The current price of PP market is basically stable. Crude oil continued to fall, some businesses with positions continued to ship, and the price fell slightly
on the whole, the production of coke in the oil market decreased by about 110000 tons during the day, and now rebounded, but the range is general. Although petrochemicals remained stable, a few quotations in the spot market fell, and the warehouse receipts and Liansu markets were corrected. Among them, the correction of warehouse receipts was relatively strong. Judging from the trend of Liansu's late trading, investors' short selling expectations began to weaken after the two-day decline, and the prices of the two markets returned to the high point of the previous round, which has some support, The short-term plastic market is expected to stop falling
15:00 closing, the settlement prices of ll0909 and pp0909 were 10046 and 9680 yuan/ton respectively, up and down -34 and -187 points respectively compared with the previous trading day. A total of 12820 tons were traded in the market today, 2145 tons less than the previous trading day; The total order was 20810 tons, 975 tons less than the previous trading day. The specific data of double volume are as follows:
total amount
ABS
LLDPE
PP
PVC
HDPE
trading volume
12820
0
430
12390
0
0
order quantity is used to determine the anisotropy of materials marked by ear making rate
20K 810
0
770
20040
0
0
note: the source of this reprint is indicated, and the reprint is for the purpose of transmitting more information, It does not mean that they agree with their views or confirm the authenticity of their content
LINK
Copyright © 2011 JIN SHI