Brief comment on the opening of LLDPE warehouse or

2022-08-08
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E. Data transmission method: RS232 transmission

brief comment on the opening of LLDPE warehouse orders on July 18

PE market demand continued to be weak this week, and the transaction was sluggish. Sinopec's sharp reduction in the ex factory price did not reverse the market decline, and the market price continued to decline. The quotation base welcomes you to come to consult. This is mainly to maintain a flat or high price of 50 yuan/ton, and the actual transaction price is mainly to negotiate. The main warehouse receipt ll0809 opened low and went flat, opening low at 14500 yuan/ton, confrontation between long and short, and dominant selling. From the K-line trend chart, the 5-day moving average fell away from the entity, the moving average system was arranged in a chaotic manner, the market was long and short, and the selling was profitable

market participants have different opinions on whether the market price has hit the bottom. Most of them operate in low positions or short positions, and their confidence is unprecedented low. It is hard to say whether there will be a turning point in the LLDPE market in the near future

necessary measures should be taken during the exemption period. Note: this reprint indicates that the source is a natural high molecular biological material. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

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