A brief comment on the opening of PP warehouse orders on July 9
oil prices continued to plummet by $5.33 on Tuesday, making adjacent coils closely arranged in a spiral coil. Plastic PP warehouse receipts continued to fall today, with green and prosperous disk. Pp0809, the main warehouse receipt, opened sharply lower at 14500 yuan/ton, and then continued to fluctuate lower, making consolidation between yuan/ton. The buyer and the seller are evenly matched, and the trading atmosphere is not good. The K-line chart shows that the entity has received a short negative line, and the position of the entity's center of gravity can reflect a sharp decline in product quality by measuring nano materials compared with the previous trading day. The opening of the third line of KDJ index is downward, with an expanding trend. The opening of the brin line extends horizontally, and the price line is close to the lower rail
in the spot market, the downstream demand is weak, and speculators are also tired of operation. They mainly follow the market, so the market has no passion. The market mentality is pessimistic. The news that Sinopec powder has reduced its price by 500 yuan/ton came out near the closing today. The market mentality is more unstable, and there is the possibility of continuing to explore
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