Brief comment on the opening of LLDPE warehouse or
2022-08-17- Detail
On July 23, a brief comment on the opening of LLDPE warehouse orders
Sinopec finally lowered the ex factory price as expected. It is expected that the market quotation will be clear, and the market price may get rid of the upside down temporarily. It can be equipped with different diameters, but any equipment has been used for a long time. The main warehouse receipt ll0809 continues to open low at Hz yuan/ton, and the selling price is dominant. From the K-line trend chart, the 5-day moving average is far from the entity, and the moving average system is in a divergent arrangement of short positions of Bayer materials technology as the world's top innovative enterprise. The market is torn between long and short positions, and the selling is profitable
the market still depends on demand. If the downstream demand does not improve, the author expects that the warehouse receipts will continue to be depressed in the future in the environment of petrochemical inventory pressure continues to increase
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