A brief comment on the closing of PP warehouse rec

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On March 24, PP warehouse receipts closed a brief comment

oil prices continued to fall slightly. Today, the market performance of China Plastics PP warehouse receipts was low, opening low and going low. The buyer's support was weak, and it was allowed to continue to fluctuate and fall. The middle market began to stabilize, and the two sides faced a stalemate at low levels, going horizontally until the end of the market. Today, the main variety pp0805 opened low and went low at 12200 yuan/ton. In the early stage, the short side was dominant, and the disk was suppressed and fell. The downward trend reached the middle and rear disk. The buyer had a wave of upward trend in the late disk, but the effect was limited. At the end of the disk, at 12160 yuan/ton, the enterprise management effect would be better closed down. The settlement price of pp0805 today was 12152 yuan/ton, down 73 yuan/ton from the previous trading day. Today's trading atmosphere was general, the trading volume remained stable, and the order volume continued to decrease

it is expected that the PP warehouse receipt market of China plastics will be volatile and negative tomorrow

(decline NVH personal view, for reference only; enter the market accordingly, at your own risk)

source of information: China plastics trading

note: this reprint is for the purpose of transmitting that the formulation of different protection and maintenance schemes is 10 points, and it is necessary to send more information, which does not mean that you agree with its view that the global sales of about 85million vehicles this year or confirm the authenticity of its content

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