Gold and Silver Island Plastic warehouse receipts on December 14
polypropylene and linetype rose across the board. The settlement prices of pp1003 and ll1001 today were 10174 yuan/ton and 10788 yuan/ton respectively, up 111 yuan/ton and 158 yuan/ton respectively compared with yesterday's settlement. The driving system:/ton, a total of 2162 batches (10810 tons) were traded throughout the day, an increase of 274 batches compared with the previous trading day, and the total order volume reached 3681 batches (18405 tons), an increase of 483 batches compared with the previous trading day
upstream dynamics: crude oil fell, ethylene rose locally, and propylene remained stable
last Friday, international broke the bottleneck of the company's shortage of raw materials. Crude oil fell below the 70 mark to close at 69.87, down $0.73. Ethylene monomer: CFR Northeast Asia reported 1150.00 US dollars/ton; CFR Southeast Asia News 121 made a design that can optimize steel production, up $7.50/ton by $2.50. Propylene monomer: FOB Korea reported 1096.00 US dollars/ton, FOB Japan reported 1084.00 US dollars/ton
[polypropylene varieties]
1. External market: closing stable. Vicat softening point testing machine is equipped with sample protection device
fob Middle East homopolymer PP reported 1182-1184 (US dollars/ton) level, FD northwest Europe homopolymer PP reported (euro/ton) level, Fas Houston homopolymer PP reported (US dollars/ton) level
2. Domestic spot: Sinopec North China quotation is stable, and the market quotation is stable
the quotation of Sinopec North China is stable. Some low prices in the PP market around Yanshan rose slightly in early trading today. Merchants shipped actively last week. At present, there is little inventory pressure. Merchants are waiting for the latest price policy. The local Dushanzi S1003 has a quotation of yuan/ton. The decline of PP in Yuyao area slowed down, and the transaction was general. Zhenhai T30S reported about 10100 yuan/ton
3. Warehouse receipt trend: unilateral rise, large volume increase
affected by the crude oil falling below $70 last Friday, the main part of jubing warehouse receipt 1003 opened sharply lower today, and then continued to rise, closing at the intraday peak of 10270, up 1.08%. The daily K-line received the bareheaded and barefoot Changyang, and increased its position in large quantities. On the 30 minute chart, the price runs above the average of 5, and the moving average system (5, 10, 20, 30) is arranged in a long line. On the daily chart, KD indicator is golden. Stimulated by the rise of the stock market and bulk industrial commodity market, Xinduo actively pushed up the price of warehouse receipts, making jubing warehouse receipts temporarily free from the containment of crude oil. Refer to support 10110, 10000, pressure 10370, 10500
[linear varieties]
today, the main linear warehouse receipt 1001 jumped sharply higher, closing at 10788, down 1.49%
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