The confidence of warehouse receipts is still unst

Rising and falling warehouse receipt confidence is still unstable

the market closed at 15:00, and the China Plastics warehouse receipt index closed at 927.59, up 2.07 points from the previous trading day

crude oil futures on the New York Mercantile Exchange (NYMEX) broke the three-day decline on the 27th and closed higher in oscillatory trading, as market participants adjusted their positions before the release of U.S. oil inventory data. December crude oil futures closed up $0.87 or 1.11% at $79.55 a barrel for angstron, headquartered in Dayton, Ohio, USA, with intraday trading ranging from $77.81 to $79.78. Crude oil futures rose for the first time in four trading days, but failed to break the psychological threshold of $80 a barrel, hitting a one-year high of $82 a barrel last week. London December Brent crude oil futures closed up $0.66, or 0.85%, at $77.92 a barrel, with intraday trading range of $76.42 to $78.17

as of 3 p.m., WTI futures in recent months were reported at $79.44/barrel, down $0.11

on October 27, the warehouse receipt market opened low and went low, closing down moderately, and the index closed short and below the 5-day line support. At the opening of trading today, affected by the rebound of crude oil, after the main warehouse orders opened flat, the early disk oscillation rose, and before the mid market, the whole line was red. The linear warehouse orders remained strong, and the rise was not bad. The PP warehouse orders rose slightly, and the overall transaction volume of the market contracted. Traders waited and waited seriously, and the quotation hesitated. After 10 o'clock, the main force slowly declined, retrenched the previous increase, the PP warehouse receipts closed slightly, the linear warehouse receipts rose and fell, the market transaction was still poor, significantly reduced compared with the same period yesterday, and the order volume remained stable. The warehouse receipt index opened flat, rushed up and fell back, closed slightly higher, the daily line showed an upward shadow positive line, the physical center of gravity translation was under pressure on the 5-day line, the KDJ index continued to adjust downward, and the double-line rise of MACD index slowed down. Liansu's main contract opened high and fell back. The closing increase was not much. The amplitude within the day was within 100 points. The K line was on the shadow line and temporarily stabilized on the 60 day line. The contract transaction was good and the position increased slightly. In terms of spot goods, the PP market quotation generally weakened slightly, market participants remained cautious about the future market, and high-level transactions were poor. The inquiry atmosphere in the PE market is acceptable, the quotation is mostly stable, and the merchants are more enthusiastic about shipping

on the whole, although crude oil made up slightly, it was still below the psychological level of $80. In addition, the A-share market fell sharply in the same period, and the confidence of plastic market investors was unstable. Even plastic and warehouse orders did not hold the early rise, and they fell to varying degrees in the afternoon. From the recent 120 ° diamond cone shape of the K-line, lianplastic may compete for long and short positions around the 60 day line in the short term, and the direction is not clear for the time being, After the warehouse receipt fell below the 5-day line, it initially showed the intention of downward adjustment, which can be light and empty

15:00 closing, the settlement prices of ll0912 and pp0912 were 10634 and 9720 yuan/ton respectively, up and down +101 and +29 points respectively compared with the previous trading day. A total of 6085 tons were traded in the market today, 1800 tons less than the previous trading day; The total order was 24305 tons, basically unchanged from the previous trading day. The specific data of double volume are as follows:

total amount

ABS

LLDPE

PP

PVC

HDPE

trading volume

6085

0

545

5540

0

0

order volume

24305

0

1600

22705

0

0

(personal view, for reference only; based on this, enter the market at your own risk)

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