On April 8, the opening of LLDPE warehouse orders was briefly commented
today, we Jinan new era Gold Testing Instrument Co., Ltd. faced with the nationwide and global investment, the crude oil rose sharply, the PE market demand was relatively weak, the market supply was normal, the overall market was still relatively stable, and individual brands were slightly adjusted. The main warehouse receipt ll0805 went flat, with a flat opening of 13722 yuan/ton. There was a confrontation between the buying and selling orders. The lowest transaction price was 13700 yuan/ton, and the highest quotation was 13748 yuan/ton. The relative power of the buying and selling orders was balanced. From the 5-minute K-line trend chart, the moving average system is tangled, the price entity is horizontally consolidated, and the market is still in a sawing state
the short-term bearish mood in the spot market appeared, the market transaction was poor, and the PE market was mainly stable. It is expected that LLDPE warehouse receipts will fluctuate as there is a wide range of market demand, and it is estimated that the market will continue to consolidate in the short term or the commissioning method of the maintenance instrument circuit
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