May 4, 2010 make as many as plastics futures trading comment
HC plastic mesh : Because of the Economy Boosted optimism about the U.S. stock market, and worry about the U.S. Gulf of Mexico oil spill will interfere with short-term supply, oil prices closed up 3: NYMEX6 month crude oil futures settled up 0.04 U.S. dollars, or 0.05%, to 86.19 U.S. dollars a barrel; to spend the holiday, the market has not seen the slightest signs of improvement, on the one hand the impact of the external macro-surface surrounding the market crash, on the other hand the central bank has introduced deposit reserve rate increases, leading to severe price pressure, most varieties have come down , even though oil prices continued to rebound, but has little effect on the market, most dealers continue to rest on the sidelines watching, lack of market access plate, eventually ended in decline, unable to achieve May good start. Wide plastic index closed at 1047.26 points, reporting a decrease of 2.46 points. 3830 batch transactions, dropped nearly 10% order approval report 4706.
Calcium carbide PVC : Despite the market once a Qiwen 4 signs of the end, but early in May but continues to be bearish market dominated most of the settlement among the species to continue in the fall channel, with short constant pressure, that the 7,500 mark early efforts to support But more and more by the close, the settlement price to go to the 7430 variety?? between 7,511 yuan, in addition to the month of May settled up 89 yuan species, other species are down by 20? between 30 yuan, from the 4, market trend of view, both long and short power still exists a gap, as 51 small holiday's sake, the buyer and a seller's market, large differences between the pending order to show differences still exist on the market outlook, but business is still waiting to see the majority, so 7500 yuan at the top of the price can hardly be sought after. On the technical side more than average short-term moving average cross show a strong suppression, in particular, 5 and 10 and 20 day moving average currently stressful, short-term market may be difficult to rebound, the main adjustment. 4 main varieties of P11007 after the long difficult to support in the adjustment of 7500 yuan or so in the end to close to 7,494 yuan, down 28 yuan. From a fundamental point of view, the current market sentiment is still waiting to see the majority, local market transactions are not active, the downstream products companies are mostly waiting for the main chance. The overall trend of strong PVC market adjustment request, investors may continue to shock the 7,500 or so.
Ethylene PVC: 4 oil market continue to be supported, high adjustment, but the enthusiasm of businessmen involved in the previous period has been marked down, watching the atmosphere to gradually increase. At the close, 6? October 7640 varieties of the price to go to? Between 7760 yuan, and the last trading day fluctuations in the 3? 23 yuan or so. Is much stronger overall trend of the past weak, there still seems to hedge business intentions. Fundamentals in the oil prices high, led by Asian ethylene prices continue to rise after the holiday, CFR and CFR Southeast Asia, Northeast Asia has broke the 1300 dollar mark, it seems that once again the market outlook, the formation of strong support, but its taking a step forward up yet to be tested, the trend of the market outlook PVC ethylene uncertainty will continue to increase.
Calcium carbide PVC : Despite the market once a Qiwen 4 signs of the end, but early in May but continues to be bearish market dominated most of the settlement among the species to continue in the fall channel, with short constant pressure, that the 7,500 mark early efforts to support But more and more by the close, the settlement price to go to the 7430 variety?? between 7,511 yuan, in addition to the month of May settled up 89 yuan species, other species are down by 20? between 30 yuan, from the 4, market trend of view, both long and short power still exists a gap, as 51 small holiday's sake, the buyer and a seller's market, large differences between the pending order to show differences still exist on the market outlook, but business is still waiting to see the majority, so 7500 yuan at the top of the price can hardly be sought after. On the technical side more than average short-term moving average cross show a strong suppression, in particular, 5 and 10 and 20 day moving average currently stressful, short-term market may be difficult to rebound, the main adjustment. 4 main varieties of P11007 after the long difficult to support in the adjustment of 7500 yuan or so in the end to close to 7,494 yuan, down 28 yuan. From a fundamental point of view, the current market sentiment is still waiting to see the majority, local market transactions are not active, the downstream products companies are mostly waiting for the main chance. The overall trend of strong PVC market adjustment request, investors may continue to shock the 7,500 or so.
Ethylene PVC: 4 oil market continue to be supported, high adjustment, but the enthusiasm of businessmen involved in the previous period has been marked down, watching the atmosphere to gradually increase. At the close, 6? October 7640 varieties of the price to go to? Between 7760 yuan, and the last trading day fluctuations in the 3? 23 yuan or so. Is much stronger overall trend of the past weak, there still seems to hedge business intentions. Fundamentals in the oil prices high, led by Asian ethylene prices continue to rise after the holiday, CFR and CFR Southeast Asia, Northeast Asia has broke the 1300 dollar mark, it seems that once again the market outlook, the formation of strong support, but its taking a step forward up yet to be tested, the trend of the market outlook PVC ethylene uncertainty will continue to increase.
About the Author:
I am an expert from China Hardware Suppliers, usually analyzes all kind of industries situation, such as neodymium ring magnet , ceramic ring magnets.
Author: ryyy
