 Home > Chemicals Industry > New Chemical Materials > PP high opening shock finishing short-term long orders continue to hold

PP high opening shock finishing short-term long orders continue to hold

 Last Update: 2022-12-12
 Source: Internet
 Author: User

Tags

operation

short term incentive

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

The PP1901 contract opened at 10,070 yuan, with a high of 10,105 yuan, a low of 10,033 yuan, and closed at 10,074 yuan, up 70 yuan, or 0.
7%.

The volume was reported 337422 lots, and the position increased by 7626 lots to 567530 lots
.

News: On September 19, petrochemical pricing in most areas was raised by 100-150 yuan / ton
.

Raw material price: naphtha CF Japan reported 681.
38 US dollars / ton, down 2; FOB Singapore was trading at $74.
227 a barrel, up 0.
02
.
South Korea's FOB propylene price was 1120 US dollars / ton, flat, and the domestic propylene price was 9490 yuan / ton, up 90 yuan
.

Spot price: Southeast Asia was flat at $1235; The Far East reported $1220/mt, -10
.
Domestic: North China Qilu reported 10,380 yuan, up 100 yuan; East China Sanyuan 104,000 yuan, up 200 yuan; South China Maoming 10,400 yuan, up 100 yuan
.

PP1901 high open shock finishing
.
Fundamentally, spot supply is tightening, and prices are recovering, forming a certain support
for futures prices.

Technically, the MACD indicator and the KDJ indicator are both upward in the central axis golden cross, indicating that the rebound is expected to continue
.
In operation, investors set a stop loss in their hands and hold
them cautiously.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

Slip Agent Oleamide with 98% purity CAS 301-02-0 oleamid slip aging

CAS No.: 301-02-0

Pharmacy Grade

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

Fluorescent Brightener ER-1 C.I. 199

CAS No.: 13001-40-6

Industrial Grade

$52.86/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

80 20 company(94)

united states logo(227)

ups united states(221)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.