The hottest November 17 China Plastics abshd wareh

On November 17, China plastics ABS and HD warehouse receipts were briefly introduced

I. Market Overview:

international oil prices fell. Today, China plastics ABS warehouse receipts opened higher, and the disk was stable and rising, but the transaction was still weak, the traders' mentality was still flat, and the transaction details, today's market trading atmosphere was weak, and the order volume decreased compared with the previous trading day. The ABS index closed at 983.44 today, up 30.5 points from the previous trading day. From a technical point of view, a positive line is received on the daily K-line chart, and the physical center of gravity is higher than that of the previous trading day. KDJ index shows that the opening of the third line is enlarged; The opening of Bollinger line is reduced; MACD index rose, and the two lines were almost intertwined

the order quantity of Sinochem HDPE warehouse receipt today is 200 batches, and there is no transaction

II. Analysis of main varieties:

today, the main warehouse receipt ab0812 opened at 11500 yuan/ton, rose to 11958 yuan/ton before the closing, and closed at 11958 yuan/ton, up 246 yuan/ton compared with the previous trading day. The settlement price today was 11866 yuan/ton, up 368 yuan/ton from the previous trading day. In terms of technology, the Japanese K line receives a positive line; The physical location is higher than that of model selection: the model selection of this equipment increased on the first trading day; KDJ index shows that the software function port of the three wire open electronic tensile testing machine is significantly enlarged

the order quantity of Sinochem HDPE warehouse receipt today is 200 batches, and there is no transaction

III. comprehensive comments:

yesterday, WTI crude oil on the New York Mercantile Exchange fell $1.20/barrel to $57.04/barrel, while Brent crude oil rose $2.25/barrel to $54.24/barrel

NYMEX crude oil futures rose 3%. As Asia Pacific stocks rose in the Asian trading session on Thursday, international oil prices continued to rebound on the global electronic trading system. The news that OPEC plans to hold an interim meeting on November 29 also supported the market. However, with the release of the US retail index in October, stocks began to fall, driving down oil prices. At the same time, the rise of the dollar against the euro also dragged down the commodity futures market. At the close, the December futures of West Texas light oil on the New York Mercantile Exchange were $57.04 a barrel, down $1.20 from the previous trading day, with a trading range of 55 $96; London Intercontinental Exchange Brent crude oil January futures were $54.24 a barrel, down $2.00 from the previous trading day, with a trading range of 53 Eight dollars

the fundamentals of the ps/abs market in Yuyao plastic city have not changed much, the transaction continues to decline, the supply level is normal, the traders' mentality is still flat, the downstream manufacturers are still mainly purchasing on demand, the intention to build positions is weak, and the market transaction is difficult to volume. At present, the latest mainstream quotation of domestic ABS is yuan/ton, and the mainstream quotation of imported ABS is 00 yuan/ton for future research and how to enter the industrial chain. The mainstream quotation of GPPS is yuan/ton, and that of hips is yuan/ton

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