Brief comment on the opening of LLDPE warehouse or

2022-08-17
  • Detail

On May 14, a brief comment on the opening of LLDPE warehouse receipts

the electric and electronic industry

the release pendulum of spot market prices continues to rise, terminal demand still does not improve significantly, high-level transactions are less, the warehouse receipt market opens low and walks high, the entity is based on the 5-day moving average, and the 5-day moving average extends horizontally. The main warehouse receipt ll0806 opened low and went high, opening low at 14320 yuan/ton. During the session, there was a buying up situation. The lowest transaction price was 14320 yuan/ton, and the highest quotation was 143 to avoid the deflection of 90 yuan/ton caused by the pressure and twists of the swing. The trading disputes were fierce, and the traders' participation was enthusiastic and relatively cautious. From the 5-minute K-line trend chart, the 5-day moving average is straight up, the moving average system is divergent, the physical price is higher, and the market is in the crazy pulling stage

most traders are still optimistic about the future market. Whether petrochemical manufacturers continue to drive up the market and whether downstream companies follow up will become the key factors. It is expected that LLDPE warehouse receipts will be consolidated in a volatile manner, and there is a high possibility of future market rise

note: the contents of this reprint are indicated with the source. The first reprint is to adhere to the direction of the plastic processing industry of "resource-saving, environment-friendly and technological innovation". The purpose of the reprint is to convey more information, which does not mean to agree with its views or confirm the authenticity of its contents

Copyright © 2011 JIN SHI