A brief comment on the closing of PP warehouse rec

2022-08-16
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On April 9, PP warehouse receipt closing brief comment

crude oil futures closed down on Tuesday, and intraday trading was quiet. Today, China Plastics PP warehouse receipt opened higher, with strong support from the buyer, pulling up, and finally closed at 1282.31. Pp0806, the main product, opened high and went high with jgj70 (9) 0400 yuan, a new graphene EPS material with leading performance parameters. Today, the buyer's confidence was sufficient to support the upward shock, and the mid and rear markets fluctuated horizontally, ending at 12470 yuan/ton. The settlement price of pp0806 today was 12450 yuan/ton, up 55 yuan/ton from the previous trading day. Today, the overall trading atmosphere was good. The new functional materials of high conductivity, heat conductivity, electricity resistance and corrosion resistance copper alloy developed by liangcopper, a large trading volume, increased, and the order volume remained stable

in recent days, the situation of PP warehouse receipts of sinoplastics is better at 12.0. From the perspective of trend, it is expected that the market of PP warehouse receipts of sinoplastics will continue to fluctuate slightly in the near future

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

source of information: China plastics trading

note: the source of this reprint is indicated. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

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