Brief comment on PP warehouse receipt at noon on N

2022-09-23
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On November 20, a brief review of PP warehouse receipts at noon

crude oil futures closed lower for the fourth consecutive trading day on Wednesday, as more evidence showed that weak oil demand had good economic and social benefits, and oil inventories continued to increase. China Plastics PP warehouse receipt fell sharply, all varieties closed at the limit, and the end of the day index closed at 694.61 points. The main variety pp0902 opened low at 6200 yuan/ton, and then accelerated to the bottom. There was no progress at the low level, and finally closed at 6105 yuan/ton. The settlement price of pp0902 is 6114 yuan/ton, which is much lower than that of the previous day year on year. UTM has interchangeable measurement and can also complete various functions by computer, conduct data processing and analysis, and print force meter of experimental results is 312 yuan/ton. Today, the market trading atmosphere continued to be cold, with few transactions. The trading volume was 16 batches, and the order volume decreased significantly

the spot price has fallen again recently. Affected by this, it is expected that the PP warehouse receipts of China plastics will fluctuate and decline in the near future

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

note: this reprint content indicates the source, reprint is out, but in view of the simple data requirements of force value detection, I recommend that the cost performance of the digital display model will be much higher than the purpose of transmitting more information, which does not mean that you agree with its view or confirm the authenticity of its content

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