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Plastics market in October and November Prospect Review-PE, PP, PS-plastics industry by na b
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Plastics market in October and November Prospect Review-PE, PP, PS-plastics industry by NA B
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| Article Posted: 12/06/2010 |
| Article Views: 105 |
| Articles Written: 2638 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 607 |
| Article Votes: 0 |
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Plastics market in October and November Prospect Review-PE, PP, PS-plastics industry |
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Business,Business News,Business Opportunities
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I. Review of the month Quotes
Plastics Market 10 holiday after the International Financial And commodity market as a whole show is getting better momentum, the Dow broke 10,000 rally, CRB index and going straight, after the capture of oil Eighth Yang USD 80 mark, A-share market also rebounded after the holiday and second degree station 3000, in helped improve the external environment, the plastic market demand despite no real improvement, but because society did not release the release of hidden stocks, again and again hike petrochemical enterprises, brokers and speculative inquiry began to increase enthusiasm for the market than on continuously improving the end of the plastic into the city and started to rebound in orbit, even plastic and warehouse receipts are in the rise in the basic early stage, and covering the previous 50% decline rate, the performance is strong. But into the second half, as petrochemical businesses gradually approaching the cost of high-end places, and Plastic sheeting Seasonal demand is not substantial start, the market waiting to see significant growth in the atmosphere, investors began to spread expected market outlook, cash and depository receipts market has stabilized fine-tuning, the local began to decline slightly. The end face of high crude oil oscillation, the dollar index rebounded in the stumbling, the market investors have entered a wait and see, leading to warehouse receipts, whether cash or futures market turnover are significant contraction. The plastic index, the end of the month to close at 965.75 points, up 37.06 points the previous month end.
Observation index plastic warehouse receipts can be found before the holiday, the last trading day in September, Plastic City, investors have been very strong rebound is expected, the day Yangxian form the basic building has been completed short-term bottom, but during the long vacation outside the market's strong performance is reinforced plastic bull market confidence, after the holiday, in a huge gap that forms the window, the warehouse receipts market rebound began. However, three feet of ice cold day, Plastic City, weak demand and high social status of stocks for investors then a legislator, but also to short growing expectations of investors, so the warehouse receipts in early to late rally was not all plain sailing, but the stumbling, The mid is almost always in the horizontal consolidation, at the same time, the international crude oil futures prices are optimal for sesame steadily high, with Yang upside, the weakening of positive correlation to mental confusion warehouse receipts dealers even more. Late after correction with the crude oil into high, stagflation is not before the warehouse receipts up after a few days after the downward adjustment, but adjustment is not, and the volume can be dwindling, that time, spot market has remained strong and stable, the end of Pricing petrochemical traders choose to wait and see, the bad, the next is not good. Warehouse receipt Index daily chart, the current round of modest rebound, with less plastic in the same period performance, and the K line on the final breakthrough in the last one is not average, confidence in long suffered a serious setback. This month the total volume for the 26 955 total batch (1 batch = 5 tons), ring dropped in 11,235 grant, awarded in late order quantity of 4933. As of the end of the plastic warehouse receipts index closed at 920.18 points, up 38.05 points over the same period the previous month. I am an expert from Components Electronic suppliers, usually analyzes all kind of industries situation, such as ladies suede gloves , ladies dress gloves.
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