Brief comment on PP warehouse receipt in morning t

2022-08-26
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On October 29, PP warehouse receipts were briefly commented in early trading

oil prices fell $0.49 on Tuesday. Today, the warehouse receipts of China Plastics PP continued to plummet, and the market fell by the limit across the board. The main warehouse receipt variety pp0812 opened at the limit of 6794 yuan/ton, and has been closed at the limit since then. The seller accounts for a large proportion, and the trading atmosphere is not good. The K-line chart shows that the entity has closed a straight line, and the expansion of production capacity of customers at the center of gravity of the entity will not be released all at once. Compared with the previous trading day, it continues to fall, and the opening of the third line of KDJ index has an upward closing trend. The green column height of MACD index was slightly lower than that of the previous trading day

in the spot market, the decline in the PP market is unabated. According to the current situation, the market price in recent days is not at the bottom. The influence of stock market and crude oil is gradually expanding and deepening. At present, plastic products enterprises are facing a severe situation. The overstock of petrochemical inventory and pessimism in the market have led to crazy low price rejection in the market. The market is filled with pessimism when Jinan experimental machine factory briefly introduces the specific operation steps of the low-temperature tank of impact sample. Therefore, 4 The market of electronic measurement system without potentiometer and other manual components will continue to decline

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