Crude oil fell upstream petrochemical firm PP warehouse receipts shocks (7.6
First, market this week (July 6-July 10):
Week PP Continued good momentum of last week, up weekly, weekend rally near standstill, some a correction, but the price is still higher than last weekend. Led the market higher due mainly to the following factors: First, the propylene monomer supply caused the price up so that the late high petrochemical prices have feasible under. Second, the import cargo and the late arrival of resources to reduce the cost of general improvement in reduced supply and price of external disk upgrade has pushed up the domestic PP Market. Third, a smaller supply of domestic sources, and some petrochemical limited to billing policies, pre-short positions waiting to see more brokers, speculators can easily lead to emotional hype. Fourth, the petrochemical market speculation makes prices substantially more emboldened, and petrochemical market price increases to be the second wave of the direct driving force. However, beginning Wednesday, the market rally stalled, fell back to individual high supply of the phenomenon is even more apparent Thursday. Mainly due to falling crude oil for 7 days caused by the accumulation of negative effects. The face of a sharp fall in crude oil, market speculation funds no longer continue to boost market confidence. Business start position for shipping prices within a narrow range correction. Plastic PP warehouse receipts in the market this week, two days before the continuous upward, Wednesday, Thursday fell sharply, Friday once again up the market as a whole atmosphere of good trading are more active, trading volume greatly increased. As of Friday close, PP warehouse receipts index closed at 1100.83 points, up 19.28 points from last week at the end. This week in plastic PP warehouse receipts settlement price of all varieties have different degrees of rise.
Monday, in large high-opening plastic PP warehouse receipt, the buyer power of strong support, disk is to continue to push, although the confrontation session, but the upward trend down, shock upward trend has been maintained to the end plate, end plate PP depository receipts closed at 1,106.47 points, sharply higher than the previous day up 24.92 points, or 2.30%. Tuesday, opened in plastic PP warehouse receipts, opening to go, early support to accelerate-hoisting, and then drop the top horizontal plate after finishing the afternoon disk slightly higher, moderate, slight concussion late in the uplink to the lateral end plate, end plate PP depository receipts closed at 1,117.65 points, compared with the previous day up 11.18 points, or 1.01%. Wednesday, warehouse receipts in the opening of PP plastic pieces to open lower, after the shock to downstream, horizontal flat plate began to go down late in vibration suppression, the final set to close at 1104.28 points, PP warehouse receipts, down 13.37 points over the previous day, rose to 1.20%. Thurs, warehouse receipts in the plastic PP opened opened low, rebounded slightly after early pressure the seller to disk, speed down bottom, the disk drive after the face-off, low horizontal vibration, shock slightly upstream in late, the end plate PP depository receipts closed at 1,084.27 points, compared with the previous day dropped 20.01 points, or 1.81%. Friday, opened the plastic PP, opening warehouse receipts go down slightly after the initial upward acceleration, followed by the buyer to continue to support the disk, up to late in shock after the small drop in the final set to close at 1100.83 points, PP warehouse receipts, compared with the previous transaction Japan soared 16.55 points, or 1.53%.
Average daily trading volume was 12,192 tons this week, up sharply from last week the end of 4458 tons; weekend order for the 3630 award, significantly reduced the end of 2139 batch from last week.
Week of trading details are as follows:
Week PP Continued good momentum of last week, up weekly, weekend rally near standstill, some a correction, but the price is still higher than last weekend. Led the market higher due mainly to the following factors: First, the propylene monomer supply caused the price up so that the late high petrochemical prices have feasible under. Second, the import cargo and the late arrival of resources to reduce the cost of general improvement in reduced supply and price of external disk upgrade has pushed up the domestic PP Market. Third, a smaller supply of domestic sources, and some petrochemical limited to billing policies, pre-short positions waiting to see more brokers, speculators can easily lead to emotional hype. Fourth, the petrochemical market speculation makes prices substantially more emboldened, and petrochemical market price increases to be the second wave of the direct driving force. However, beginning Wednesday, the market rally stalled, fell back to individual high supply of the phenomenon is even more apparent Thursday. Mainly due to falling crude oil for 7 days caused by the accumulation of negative effects. The face of a sharp fall in crude oil, market speculation funds no longer continue to boost market confidence. Business start position for shipping prices within a narrow range correction. Plastic PP warehouse receipts in the market this week, two days before the continuous upward, Wednesday, Thursday fell sharply, Friday once again up the market as a whole atmosphere of good trading are more active, trading volume greatly increased. As of Friday close, PP warehouse receipts index closed at 1100.83 points, up 19.28 points from last week at the end. This week in plastic PP warehouse receipts settlement price of all varieties have different degrees of rise.
Monday, in large high-opening plastic PP warehouse receipt, the buyer power of strong support, disk is to continue to push, although the confrontation session, but the upward trend down, shock upward trend has been maintained to the end plate, end plate PP depository receipts closed at 1,106.47 points, sharply higher than the previous day up 24.92 points, or 2.30%. Tuesday, opened in plastic PP warehouse receipts, opening to go, early support to accelerate-hoisting, and then drop the top horizontal plate after finishing the afternoon disk slightly higher, moderate, slight concussion late in the uplink to the lateral end plate, end plate PP depository receipts closed at 1,117.65 points, compared with the previous day up 11.18 points, or 1.01%. Wednesday, warehouse receipts in the opening of PP plastic pieces to open lower, after the shock to downstream, horizontal flat plate began to go down late in vibration suppression, the final set to close at 1104.28 points, PP warehouse receipts, down 13.37 points over the previous day, rose to 1.20%. Thurs, warehouse receipts in the plastic PP opened opened low, rebounded slightly after early pressure the seller to disk, speed down bottom, the disk drive after the face-off, low horizontal vibration, shock slightly upstream in late, the end plate PP depository receipts closed at 1,084.27 points, compared with the previous day dropped 20.01 points, or 1.81%. Friday, opened the plastic PP, opening warehouse receipts go down slightly after the initial upward acceleration, followed by the buyer to continue to support the disk, up to late in shock after the small drop in the final set to close at 1100.83 points, PP warehouse receipts, compared with the previous transaction Japan soared 16.55 points, or 1.53%.
Average daily trading volume was 12,192 tons this week, up sharply from last week the end of 4458 tons; weekend order for the 3630 award, significantly reduced the end of 2139 batch from last week.
Week of trading details are as follows:
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I am China Manufacturers writer, reports some information about yamaha grizzly 600 , yamaha grizzly 660.
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