On Wednesday (December 29), the New York Mercantile Exchange (NYMEX) contract price for February light and low* crude oil settled at US$91.12 per barrel, a decrease of US$0.37 from the previous trading day.
The slight drop in international crude oil and the tightening policy of the central bank caused the warehouse receipts market to open lower in the morning, but the A warehouse and Liansu plastics market strengthened during the session and the warehouse receipts rebounded. Linear main stocks opened flat in March, closing up at 91 yuan/ton. PP main stocks opened lower and higher in March, closing at 81 yuan / ton. The overall market sentiment was sluggish, with volume slightly higher than yesterday and little change in order quantity. The warehouse receipts index opened lower and rebounded, and the daily line was Zhongyang line. The KDJ indicator has three levels of flattening and the MACD indicator has double-line translation. Even the main plastic May contract closed at 12,545 yuan / ton, up 60 yuan / ton.
On the whole, the central bank raised the interest rate again yesterday and once let the market worry about the rhythm of this round of regulation may be closer than expected. The performance of the domestic capital market was generally sluggish in the morning, but rebounded in the afternoon under the leadership of the A-share market. At present, the market is affected by the policy level, and investors need to pay careful attention.
Closed at 15:00, the closing prices of LL1103 and PP1103 were 11090 and 12,435 yuan per ton respectively, which were +91 and +81 points higher than the previous trading day. A total of 4,985 tons were traded in the broader market today, an increase of 370 tons compared with the previous trading day; total orders were 11,730 tons, which was 85 tons less than the previous day. The double amount of specific data is as follows:
Total amount
ABS
LLDPE
PP
PVC
HDPE
Volume
4985
0
255
4730
0
0
order amount
11730
0
655
11075
0
0