First, the basic message
According to the survey data released by HSBC on the 30th, after a seasonal adjustment, the China Manufacturing Purchasing Managers' Index (PMI) of HSBC China fell to 54.4 in December from 55.3 in November, the lowest in three months. Thursday (December 30) New York Mercantile Exchange West Texas Light Oil February 2011 ** Settlement price at $89.84 a barrel, down $1.28 from the previous trading day.
Second, the technical status
Main warehouse receipt
Opening price
Closing price
Settlement Price
Volume
order amount
LL1101
10750
10810
10807
9
38
LL1103
11060
11145
11105
42
83
Today's LLDPE warehouse receipts index showed a narrow range of shocks, upward pressure is still large. As of the close, the LLDPE warehouse receipts index closed at 1023.22 points, up 1.7 points or 0.17% from the previous trading day. The Japanese K line closed at the small Yangxian and proceeded cautiously along the 5-day moving average. The volume energy was once again amplified from yesterday. In terms of technical indicators, the MACD indicator has been enlarged by red bars, the KDJ indicator has been diverging upwards, the BOLL line has opened up steadily, and the price break line has been slowing down. The volume of the entire day was reported in 53 batches, and the volume of orders was reported to be 125 batches.
Today's main product variety LL1103 opened higher and higher, gains gradually expanded. As of the closing LL1103 closed at 11,145 yuan / ton, up 91 yuan / ton, or 0.82%. The K-line on the K line took a new high since the rebound.
Third, the market outlook forecast
The continued decline of the U.S. dollar further contributed to the rebound of commodities. Today, LLDPE warehouse receipts continue to expand upwards, but dragged by the sluggish trend of Liansu Plastics, investors still lack confidence in their long-term growth, and their gains are relatively limited. In the next few years, with the completion of the restructuring of the economic structure, LLDPE warehouse receipts will surely usher in a new spring through the opening of a new round of rising prices in the Chinese economy.