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
PP1103
12380
12425
12411
666
1238
PP1104
12500
12555
12553
310
541
Today, the PP warehouse receipts index opened slightly higher, followed by a quick upside in early trading, followed by a narrow range of volatility. As of the close of the PP warehouse receipts index closed at 1202.78 points, up 4.01 points over the previous trading day, an increase of 0.33%. The Japanese K line closed at the small Yangxian line. The pressure on the upper edge of the box is still large. The volume of the entire day was 1023 batches. It was enlarged again on the previous trading day and the order quantity was 2301 batches. In terms of technical indicators, the red bars of the MACD indicator are enlarged, KDJ indicators are diverging upwards, the opening of the BOLL line is stable, and the price fold line steadily rebounds.
The main product PP1103 opened higher and higher, and the gains increased gradually. As of the close PP1103 closed at 12,425 yuan / ton, compared with the previous trading day up 56 yuan / ton, an increase of 0.45%. The daily volume of the K line was small and positive. It hit a new high since the rebound.
Third, the market outlook forecast
Today's PP warehouse receipts through yesterday's Yu Wei, once again expand the space upwards, the amount of energy can also appear synchronously. However, due to the fact that the PP index is currently in the vicinity of the upper edge of the box, the pressure on the PP index is also relatively large, and even the continuous adjustment of the plastics has brought about hidden troubles to the index, resulting in relatively limited gains throughout the day. Next year, the Chinese economy will gradually come out of adjustment, and PP warehouse receipts will also be better every year than in the past year.