- Add: Guangdong Wanjiang District Dongguan City, Mo Wu industrial zone
- Tel: 86-0769-85720597 85720598 38861128（10线）
- Fax: 86-0769-85720596
- Email: firstname.lastname@example.org
Plastic futures down 5.35% on Monday, Tuesday continued weakness, eventually fell 1.67%. So far, prices have peaked. From the perspective of quantity of warehouse, analysis of the plastic price whether this round of rally has come to an end.
As of November 15, closing, LLDPE main 1701 contract deal 672412 hands, is an increase of 237264 hands on Thursday, a 54.52% increase; Holdings of 315400 hands, from Thursday fell by 65792, a 17.26% decline. A recent high of turnover rate is 2.13. Plastic futures fell, clinch a deal with the moderate, but also with the position of atrophy, suggesting that the recent decline was largely caused by the bull to take profits.
Main plastic futures faced in month, 1701 contract positions drop belong to normal phenomenon. However, compared to 1705 contracts holdings to � % 9
Main plastic futures faced in month, 1701 contract positions drop belong to normal phenomenon. However, compared to 1705 contracts holdings, plastic futures overall position in the fall, illustrate the above statement is set up.
Prices associated with a drop in holdings, capital stock decline is inevitable result. As of November 15, 1701 contracts of the capital stock is 1.389495 billion yuan, down 365.323 million yuan, compared with Thursday after clearing outflows reached 20.82%. To further verify the plastic bull profits remain off the field.
Main plastic futures ended November 15, 1701 contract long before 20 seats, a total of 216592 hand short 20 seats of a total of 102973 hands, before long main 113619 more than the holdings is the main body of a short hand, and the numerical on Thursday for 165733. Although still dominant in main position on the concentration of bulls, but this advantage compared with previous has weakened, can be thought of as main long has already started to leave.
On November 14 news, oil pan fall to three months lows on Monday, closing down, a short-lived boost from the us election, less than the effect of excess supply concerns. On November 14, New York time comes to 3:30 on November 15 (Beijing time), December NYMEX crude oil futures fell $0.09, or 0.2%, at $43.32 a barrel, the lowest close since on September 19. U.S. crude oil futures trading as low as $42.20, to the lowest since the middle of August, but the afternoon rebound. Brent crude fell 0.32 cents, or 0.7%, to $44.43 a barrel, as the lowest close since August 10. Most of the negative influence from OPEC. Widely suspected whether OPEC as will as proposed at the end of September, in 3250-3250 barrels of oil production limitation. Several OPEC members and Russia at the end of the 9 preliminary agreement within less than two months after a sharp increase.
LLDPE spot prices, a part of north China, east China linear prices today 50-200 yuan/ton, linear mainstream in north China, 9750-10200 yuan/ton, in east China 10000-10200 yuan/ton, in south China, 10050-10350 yuan/ton. 2, futures prices fell, hit the market trading, wait-and-see sentiment strong downstream. 3, the petrochemical factory inventory is still low. 4, on November 10, agricultural production capacity by 69%, a 1% drop from the previous week, agricultural season gradually exits. 5, devices: lanzhou petrochemical parking old total density, low voltage devices.
Recent plastic more than 1701 futures futures fell largely due to profit-taking, belongs to the technical to fall. In the process, was not increased holdings, single from the Angle of quantity can, down momentum is waning
Time: would on November 16, 2016