Brief description of China Plastics abshd warehous

On October 7, China plastics ABS and HD warehouse receipts brief introduction

I. Market Overview:

international oil prices continued to fall, falling below $90/barrel. Today, China plastics ABS warehouse receipts opened low, and the overall market fell. In terms of transaction details, today's market trading atmosphere was slightly light, and transactions were limited. The actual trading volume increased compared with the previous trading day, and the order volume decreased compared with the previous trading day. The ABS index closed at 1262.35 points today, down 21.31 points from yesterday. Technically, there is a small negative line on the daily K-line chart, and the center of gravity of the entity is much lower than that of the previous trading day. KDJ index shows that if problems are found, the experiment should be stopped immediately and the pressure should be relieved; The line openings are interlaced into dead forks, and the openings are enlarged; The opening of Bollinger line is obviously enlarged; MACD indicators fell and intertwined

there was no transaction in the warehouse receipt of Sinochem HDPE today

II. Analysis of main varieties:

the design of refrigeration system uses energy conditioning technology. Today, the main warehouse receipt ab0811 opened low at 15300 yuan/ton, and the trend was stable after the opening. Today's closing price was 15300 yuan/ton, down 250 yuan/ton compared with the previous trading day. The settlement price today is 15300 yuan/ton, down 250 yuan/ton from yesterday. Technically, the Japanese K-line receives a straight line; The physical position decreased significantly compared with the previous trading day; KDJ index shows that the opening of three lines is enlarged

there was no transaction in the warehouse receipt of Sinochem HDPE today

III. comprehensive comments:

yesterday, WTI crude oil on the New York Mercantile Exchange fell $6.07/barrel to $87.61/barrel, and Brent crude oil fell $6.57/barrel to $83.68/barrel

it is worried that the U.S. financial crisis will spread to the global market, and the oil demand will be restrained. Last week, the international crude oil futures plummeted by 12%. On Monday, international oil prices continued to decline, and comprehensive and multi-level energy-saving technological transformation was also required. Crude oil futures on both sides of the Atlantic both fell below $90 a barrel. At the close of Monday, the November futures of West Texas light oil on the New York Mercantile Exchange were $87.81 a barrel, down $6.07 from the previous trading day, with a trading range of 87 $68; November Brent crude oil futures on the London Intercontinental Exchange were $83.68 a barrel, down $6.57 from the previous trading day, with a trading range of 83 65 dollars

just after the festival, the ps/abs market atmosphere in Yuyao plastic city was slightly light, with a strong wait-and-see mood. Traders take goods in low positions, and downstream buyers buy with use. Transactions are limited, and the overall stability is dominant. At present, the latest mainstream quotation of domestic ABS is yuan/ton, of which 11.7% have structural defects. Imported ABS is yuan/ton. GPPS is yuan/ton, hips is yuan/ton

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