Brief comment on the opening of PP warehouse recei

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On July 14, the opening of PP warehouse receipts

last Friday, the oil price rose to $145.08. Today, China Plastics PP warehouse receipts rose and fell, with red and green on the disk. Many UTMS have interchangeable dynamometers. The main warehouse receipt variety pp0809 opened at a low price of 14550 yuan/ton. After the opening, the price surged to 14700 yuan/ton, then quickly fell to 14600 yuan/ton, and then re flushed to 14720 yuan/ton, and continued to rise. The buyer accounts for a large proportion, and the trading atmosphere is not good. The K-line chart shows that the entity received a short male line with bare head and feet, and the position of the entity's center of gravity fell compared with the previous trading day. The opening of the third line of KDJ index is upward, with a narrowing trend. The height of MACD green column continued to decrease compared with the previous trading day

in the spot market, the market atmosphere is more gloomy under the price reduction policy, the phenomenon of low-cost selling is increasing, the overall weak demand is slightly improved, and only 264.8 low-cost sources have a small number of transactions. The improvement of the downturn seems to be difficult to turn around under the current situation. If crude oil is stimulated by emergencies, the decline of plastics may still be stopped. Check whether the hardware test code is normal

note: in this reprint, the provenance of China International Aluminum Industry Exhibition in China 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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