Comprehensive Week Comments: bad frequent warehouse receipts fell below 1000 points (5.10-14) – Zhou assessment, warehouse receipts, the cash – the plastics industry
HC plastic mesh News: First, review this week Quotes
Review Quotes week Plastics market in the economic rebound this week blocked the suppression process, the market remained low, performance is extremely sluggish. International crude oil futures fell below 75 dollars / barrel, threatening to 72.5 U.S. dollars / barrel low. Spot market in oil and raw materials prices under pressure, significant price drop, down one after another ex-factory price petrochemical and downstream buyers have wait and see, brokers confidence suffered a serious setback, a substantial increase in price cuts Paohuo behavior. Market down sharply warehouse receipt, warehouse receipt index 4-day losing streak, again below the 1,000 point mark, are not yet obvious signs stabilized, there is a big improvement difficult market outlook. Overall, Plastic City this week to stamp out multiple negative factors, significantly lower price, traders pessimistic attitude, and the emergence of panic. Closing weekend 15:00
, China Plastics Price Index closed at 1032.22 points, 8-day losing streak shocking end down 3.59 points from last week.
Second, warehouse receipts market review Warehouse receipts market review
Plastic warehouse receipts in the market this week, 5 losing streak, the performance of extreme wilt fans. European debt crisis led to the oil market down, and the formation of a larger suppression of downstream demand, the market continued to decline, warehouse receipts index fell below 1000 points, once again, have not yet seen signs stabilized. Judging from the Japanese K Line chart this week, received two warehouse receipts on Line 3 of yin yang, showing oscillation downward trend, after another fell below 30 / 60 day moving average support level dropped to early April, mid-April on the hard access gains taking depleted. Zhou K hanging out on the movie charts a long Yinxian, 10-week moving average through the next 20 weeks moving average, ordered the destruction of bull. 15:00 closing weekend, the plastic index closed at 984.91 points, warehouse receipts, fell 21.37 points from last week at the end. This week the market was significantly warmer plastic warehouse receipts, the total turnover for the 7078 award, up sharply last week approved Masukura 1650; order for the 2720 batch, 265-year grant to reduce the weekend. Following a week of all varieties Description:
Warehouse receipts from the PP K line on the figure, this week reported on closing K Line 2 combined entity Yin Yang 3, end entity fall far below the average in the article. Overall, the market dropped sharply, showing very weak. Zhou K solid line shows this week goes to shadow a long Yinxian, MACD indicators double down, the green column significantly enlarged, KDJ indicators continue downward after the high cross, BOLL stable opening line, marked down the price line, and intersects with the rail . This week market was good and reported 6704 volume batch, a significant increase last year; order granting reported 2433, down slightly from last week. As of Friday's close, PP warehouse receipts index reported 1142.21 points, fell 25.58 points from last week at the end.
Day from the K warehouse receipts LLDPE chart perspective, this week reported on K line entities receive 5 combination with Yang, the end point entity since the end of the week rebounded to fill a small decline. Overall, the market fell oscillation amplitude is not too much. Zhou K solid line shows this week to close at high wave line, MACD indicators double down, green column amplification, KDJ indicators continue to decline, but the pace slowed down, BOLL a slight expansion of the opening line, a marked decline in the price line. Market was very poor this week, trading volume reported 374 approved, up slightly last week, down; order reported 287 approved, also to lighten up from last week. As of Friday's close, LLDPE warehouse receipts index reported 1084.09 points, down 8.10 points from last week at the end.
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