Brief comment on the opening of LLDPE warehouse or

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On May 15, LLDPE warehouse opening brief comment

crude oil and ethylene monomers remained high, and some manufacturers transferred out factory prices. The market price is also rising with the Ministry of science and technology, the Ministry of industry and information technology and other ministries and commissions are paying close attention to formulating the "1035" plan related to the field of new materials. However, the market price has been at a high level, and the rise is not large. The warehouse receipt market opened low and fluctuated. The entity was based on 2. The switch and power supply of the high and low temperature universal material testing machine were opened above the 5-day moving average, and the 5-day moving average extended horizontally. The main warehouse receipt ll0806 opened low, opening low at 14320 yuan/ton. There was a confrontation between trading in the day. The lowest transaction price was 14320 yuan/ton, and the highest quotation was 14390 yuan/ton. The trading competition was fierce, and the enthusiasm of traders to participate was relatively weakened. From the 5-minute K-line trend chart, the 5-day moving average went down in a straight line, the short positions in the moving average system diverged, the physical price fell, and the market was in the stage of crazy decline

most traders are still optimistic about the future of China's formal implementation of the "plastic limit order". It is expected that LLDPE warehouse receipts will be consolidated in a volatile manner, and there is still the possibility of future market rise

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