A brief comment on the afternoon trading of Sinoch

On July 4, China Plastics warehouse receipt midday brief comment

I. Market Overview:

international oil prices continue to hit new highs. Today, China plastics ABS warehouse receipt opened low, the overall market fell, and the transaction was clear. Today, the market transaction was weak, the enthusiasm for entering the market was not high, and the actual trading volume was lower than the previous trading day, The order volume was slightly flat with that of the previous trading day. The ABS index closed at 1325.91 today, down 15.36 points from yesterday. Technically, there is a positive line on the daily K-line chart, and the physical center of gravity is much lower than that of the previous trading day. KDJ indicators show that the openings of the three lines are narrowed and intertwined into a dead cross; The opening of Bollinger line is reduced; MACD index is highly reduced

II. Analysis of main varieties:

ab0808 opened low at 15850 yuan/ton today, and gradually rose to 15935 yuan/ton after opening. Today's closing price was 15935 yuan/ton, down 140 yuan/ton from the previous trading day. The settlement price today was 15903 yuan/ton, down 182 yuan/ton from yesterday. Technically, the Japanese K-line receives a bare headed and barefoot male line; The physical location is significantly lower than that of the experimental machine produced by Jinan new era Gold Testing Instrument Co., Ltd. on the previous trading day; KDJ index shows that the opening distance of the three lines is reduced and interwoven into a dead fork

III. comprehensive comments:

WTI crude oil on the New York Mercantile Exchange rose $1.72/barrel to $145.29/barrel today, and Brent crude oil rose 1 US $82/barrel to 146 Jany declined to comment further at $08/barrel

the European Central Bank raised interest rates as expected by the market. The employment rate in the United States was higher than expected, and the exchange rate of the US dollar against the euro was not affected. However, the maintenance of the North Sea oil field, the European benchmark crude oil futures, North Sea Brent crude oil closed above $146 a barrel. Traders were reluctant to short before the long holiday of American Independence Day, and the light and low sulfur crude oil futures on the New York crude oil exchange broke through $145. Crude oil futures on both sides of the Atlantic continued to hit record highs in intraday trading and closing. At the close of Thursday, West Texas light oil August futures on the New York Mercantile Exchange were $145.29 a barrel, up $1.72 from the previous trading day, with a trading range of 143 $85; August Brent crude oil futures on the London Intercontinental Exchange were $146.08 a barrel, up $1.82 from the previous trading day, with a trading range of 144 69 dollars

the overall price of ps/abs market in Yuyao plastic city is stabilizing. The quotation remains unchanged, the actual transaction is weak, and the overall market changes little. The latest mainstream quotation for domestic ABS is yuan/ton. Imported ABS is yuan/ton. GPPS is yuan/ton, hips is yuan/ton

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