A brief comment on PP warehouse receipts in early trading on January 6
oil prices rose $2.47 on Monday. Plastic PP warehouse receipts rose across the board today, and the disk was red. Whether the main force is to insert warehouse receipts face up, pp0904 opened at a medium high of 6600 yuan/ton. After the opening, the price fell back to 6560 yuan/ton, and then rose. The price accelerated the transfer mode, adjusted the structure, and fluctuated upward. The latest price was 6650 yuan/ton. The buyer accounts for a large proportion, and the trading atmosphere is good. The K-line chart shows that the reason for this phenomenon of the entity is that a short positive line is received in many aspects, and the position of the center of gravity of the entity has increased compared with the previous trading day. The KDJ index shows that the opening of the third line has accelerated. MACD indicators showed that the height of the red column was higher than that of the previous trading day
in the spot market, the market remained basically stable today, with individual supplies in short supply, and the price of energy consumption was slightly better. The overall atmosphere of the market is weak and the transaction atmosphere is poor, but the situation of scarce supply still supports the market. It is reported that Sinopec plans to produce at full capacity in January, and the situation of scarce supply will soon be broken. Therefore, the rate of decline in the market in the later stage may increase. We hope businesses to operate with caution
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