Brief description of China Plastics abshd warehous

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On August 20, a brief introduction to the warehouse receipts of CSPC ABS and HD

I. Market Overview:

the international oil price rose. Today, the warehouse receipts of CSPC ABS opened low and went high, and the disk was stable and rising. In terms of transaction details, today's trading atmosphere was flat, the downstream demand was hindered greatly, and traders operated cautiously. 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 1317.49 today, up 3.28 points from yesterday. Technically, a bare headed and barefoot male line was collected on the daily K-line chart, and the physical center of gravity was lower than that of the previous trading day. KDJ index showed that the opening of the third line was enlarged; The opening of Bollinger line shrinks; MACD index is rising

today, China Plastics HDPE warehouse receipts ordered 2 batches, and there was no transaction

II. Analysis of main varieties:

today's main warehouse receipt ab0809 opened low at 15790 yuan/ton. After the opening, the trend was stable, and then gradually climbed. Today's closing price was 15850 yuan/ton, up 50 yuan/ton from the previous trading day. The settlement price today was 15845 yuan/ton, up 35 yuan/ton from yesterday. Technically, the Japanese K-line receives a positive line of Shangying; The position of the entity decreased compared with the previous trading day; KDJ index shows that the opening of three lines is enlarged

today's main warehouse receipt hd080 PVC, POM, polyvinyl alcohol and other industries have suffered serious losses, 9 orders, 2 batches, no transaction

III. comprehensive comments:

i WTI crude oil rose $1.66/barrel to $114.53/barrel on the New York Mercantile Exchange today, and Brent crude oil rose $1.31/barrel to $113.25/barrel

it is generally expected that gasoline inventories in the United States will continue to decline, refineries may increase operating rates and crude oil processing capacity, and crude oil futures in Europe and the United States rose again after falling on Wednesday. In addition, the decline of the US dollar against the euro also boosted the oil market. At the close of Tuesday, West Texas light oil September futures on the New York Mercantile Exchange were $114.53 a barrel, up $1.66 from the previous trading day, with a trading range of 111 It's not sure how serious this phenomenon is when it comes to $65; October Brent crude oil futures on the London Intercontinental Exchange were $113.25 a barrel, up 1. 5% from the previous trading day It will get half the result with half the effort, with a trading range of $31 and 110 38 dollars

the overall trend of ps/abs market in Yuyao plastic city is stable, with some rising and falling. The downstream market has not changed much. Under the condition of long-term on-demand procurement, it is difficult to enlarge the demand. Traders operate cautiously, mostly in the short term. The latest mainstream quotation for domestic ABS is yuan/ton. Imported ABS is yuan/ton. GPPS is yuan/ton, hips is yuan/ton

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