The hottest April 14 China Plastics warehouse rece

2022-08-08
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On April 14, a brief comment on the PP market of China Plastics warehouse receipt

on Monday, the price of crude oil futures market on the New York Mercantile Exchange was under pressure. Previously, the International Energy Agency predicted that the global daily oil demand would decrease by 2.4 million barrels this year, which was far weaker than the previous expectation. The settlement price of NYMEX may light and low sulfur crude oil futures contract fell by $2.19 to $50.05 a barrel, down 4.2%. ICE Futures Exchange may Brent crude oil futures contract settlement price fell $1.92, Jinan experimental machine factory autoclaved lime sand brick experimental machine to $52.14 per barrel

today, the PP market quotation declined as a whole, and the overall transaction price fell. Merchants continue to actively sell goods, and bearish psychology pervades the market. PetroChina continues to maintain a stable ex factory price. Today, the market demand is low, and the downstream demand is mainly wait-and-see

China Plastics PP warehouse receipts opened significantly lower and went lower today. In the early stage, the shock downward bottomed out, then slightly upward and then horizontal consolidation. In the afternoon, the buyer had a little support, and the slight shock upward trend closed at 976.18 at the end of the day. The main variety pp0907 opened low at 8690 yuan/ton. In the early stage, the seller suppressed the decline and fell to the limit, and then fluctuated slightly in the upward range. In the afternoon, the buyer pulled up but was immediately suppressed by the seller and continued to fall. At the end of the session, it closed down at 8680 yuan/ton. The settlement price of pp0907 was 8706 yuan/ton, down 205 yuan/ton compared with the previous trading day. The trading atmosphere in the market continued to be cold today, with the double volume decreasing compared with the average of the previous trading day

it is expected that in the near future, China Plastics PP warehouse receipts will continue to fluctuate and decline under the condition that viscosimeter can be used to measure good support when there is no external necessity

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

ldquo; With a micro motor inside Note: Yu Lianying has studied the process and performance of producing fire-retardant building decoration materials with waste thermoplastic and sawdust powder. The fire-retardant performance of the obtained materials meets the requirements for non combustible building materials specified in the national standard (gb5464 (1) 985). The reprint is for the purpose of transmitting more information, and does not mean agreeing with its views or confirming the authenticity of its content

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