On November 21, China Plastics warehouse receipt LLDPE market brief review
I. Market Overview:
at present, the microcomputer controlled electronic universal testing machine of StarTech includes many models, such as WDW ⑴ l/2l/3l/5l microcomputer controlled single arm electronic universal testing machine, WDW ⑴ 0/20/30 microcomputer controlled floor type electronic universal testing machine, etc.
today's linear warehouse receipts have jumped high as a whole, and the low position has increased significantly. With the significant increase in volume and energy, they have gradually risen, From the time-sharing chart, the opening buyer showed strong power. The linear warehouse receipt index rose rapidly, and the trend was basically stable after the mid market fell slightly. In the late market, it accelerated again, closing at 1336.69, the highest linear index in the whole market, up 13.48 points from the previous trading day On the daily K-line chart of the index, the closing bareheaded positive line was closed, and the 5-day moving average crossed the 10-day moving average, but the downward probe slowed down It is expected that there is a possibility of jumping up today's entity in the future market
II. Analysis of main varieties:
ll0701 the trend is basically similar to the market. The opening price continued to rise to 12500, blocked, and the mid market fell slightly. The buyer concentrated again in the late trading to push the price, broke through 12500 resistance level, and closed close close to the daily limit On the 30 minute K-line chart, the buyer received a certain boost by receiving three positive lines with the center of gravity of trading moving up in turn
ll0703 opened high and walked high under the impetus of yesterday's bald positive line. Although there was a slight decline in the mid market, the range was not large, and the rise was obvious at the end of the market. DuPont Hongji established the "environmental protection and new energy utilization biaxially stretched polyester film project" with its development strategy, and closed at the highest price of the whole market. On the daily K-line chart, it closed with a bald short positive line, the 5-day average was basically flat, and the 10-day average was above the 5-day average On the 30 minute K-line chart, the medium - and short-term average of MACD indicators crosses the long-term average
III. comprehensive analysis:
due to the change of crude oil month, the oil price stabilized again to $58 In terms of spot goods, PE markets around the country are basically stable, and linear quotations in some markets are slightly lower. At present, there are still few market resources, and downstream demand continues to be insufficient. Leading companies with high technical level can meet the needs of power battery enterprises for higher performance materials. The fundamentals of generally weak transactions have not changed significantly. To sum up, it is expected that plastic PE warehouse receipts may rise in the near future, but whether they can be sustained depends on whether the upstream can stabilize
(personal view, for reference only; enter the market accordingly, at your own risk)
source of information: China plastics trading
note: the source of this reprint is indicated. The purpose of transferring software speed regulation is to transmit more information, which does not mean to agree with its view or confirm the authenticity of its content
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