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[trading Express] the price fell with the oil, which was difficult to resonate

[trading Express] the market closed at 15:00, and the China Plastics warehouse receipt index closed at 1346.11 points, down 5.81 points from the previous trading day

the oil price fell sharply on Tuesday, and the warehouse receipt market of China Plastics fell today, but the range was limited, and the consolidation situation remained unchanged. In the morning market opening, LLDPE and PP all opened low, and prices gradually stabilized after a narrow decline in the early stage, and ended slightly lower in the late afternoon; The three varieties traded in the afternoon opened low, and the price range was relatively large. From the perspective of disk situation, today's market wait-and-see atmosphere is strong, and the transaction is not active; Intraday sales accounted for a large proportion. Many buyers closed their positions, while some sellers made short-term profits, and many built positions. Brake pad materials continued to develop and update, and orders decreased slightly. Warehouse receipt synthesis refers to automatic security protection; A few days ago, the tombstone line was hung again on the K-line map, and the physical position was moved down to the lower part of the 10th line

on the whole, the market contracted and retreated today. The market mentality remained cautious, and the decline did not cause resonance. It is expected that it will take time for warehouse receipts to get out of the consolidation deadlock when there are few new hotspots in the current fundamentals

15:00 closing, the settlement prices of ab0708, hd0708, ll0708, pp0710 and pvc0708 were 15641, 12352, 12489, 12589 and 7405 yuan/ton respectively, up and down -51, -54, -46, -61 and -45 points respectively compared with the previous trading day. A total of 14430 tons were traded in the market today, 890 tons less than the previous trading day; The total order was 65495 tons, 815 tons less than the previous trading day. The specific data of dual volume are as follows:

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Japan Mitsubishi, Nissan, Toyota More than 60 enterprises such as Volkswagen and Xerox



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

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