After the bottom of the bottom of the recovery, the recovery of plastic continues the long train of thought
After the bottom of the bottom of the recovery, the recovery of plastic continues the long train of thought
A stronger dollar and worries about U.S. crude oil supply high drag on low oil prices fell to years, overnight, in April the U.S. NYMEX crude oil futures contract settlement price closed down 71 cents, or 0.8%, at $92.05 a barrel.
Today even the domestic plastic main 1309 contract low opening, present the dip days recovery situation, finally closed at 10930 yuan/ton, compared with the previous trading day settled up 35 yuan/ton, volume of 813598 hand, 23318 to 255762 hand more holdings.
Domestic spot, guangzhou market PE price is narrow, the overall change is not big. The downstream enquiries have improved slightly, and the merchants are mainly in the market, but the real offer has not changed much, and some businesses have not been able to deal with the transaction. The price of PE in linyi market is stable and poor. Morning futures open concussion, the businessman mentality is stationary, continue to go with the market to deliver goods. The downstream demand is still not much better, the transaction is difficult.
At the beginning of the low opening of the company's main plastic company, 1309, the contract was gradually shaken down, and at one point in the afternoon, it reached the intraday low of 10760 yuan/ton. However, near the end of the day, the futures price re-copied the previous session's bottom recovery situation, and finally closed up. On the spot side, today's market volume changes little, the price is stable mainly, the downstream demand remains unchanged. In combination, it is suggested that multiple orders can continue to be held, and the later stage of the competition will focus on the 11000 level, which will be 10600-10700.