Crude Oil Price Shocks Of The Drop Speed Up Warehouse Receipt Pp (6.29-7.3)-pe, Warehouse Receipts,

First, market this week (Jun

First, market this week (Jun. 29 to Jul. 3):

Week PP Movement on the formation of a more critical market outlook, showing a slight warming trend of adversity, but reflected in market price, the increase was not significant. Downturn in demand lead to market under the shadow of the main reasons for improvement include the following. First, this week, crude oil volatile ups and downs, but overall still hovering in the high, the negative impact on the market decreased. Second, early in July petrochemical pricing and listing exist, but the price too high, which must be produced on the market, the cost of support. Third, the market can supply enough flow of resources concentrated in the hands of the petrochemical and contract farmers, middlemen stocks generally not high, the hands of idle funds and eager to accept the goods for the market's rebound motivation to provide a lot of energy. This week in the plastic PP Depository receipts market early by the international impact of higher crude oil futures prices up shocks, although oil prices declined later, but the increase petrochemical good listing and the spot market continue to rise on the market psychology has played a significant supporting role. As of Friday close, PP warehouse receipts index closed at 1081.55 points, up 31.34 points from last week sharply late. This week in plastic PP warehouse receipts settlement price of all varieties have different degrees of rise.

Monday, the warehouse receipt plastic PP opened sharply higher open after falling down from the high speed turn up or down, in shock after the lateral plate low level walk to the end plate, end plate PP depository receipts closed at 1,047.92 points, compared with the previous one trading day down 2.29 points, or 0.22%. Tue, opened in plastic PP warehouse receipt, opening away early ascribed slightly down, after the confrontation between the lateral vibration level to go high up to the plate a little end, the end plate PP depository receipts closed at 1059.44 points, up 11.52 compared with the previous day points, or 1.10%. Wednesday, warehouse receipt in plastic PP opened opened low, down sharply early bottom, then the buyer support to accelerate upward, higher pre-shock or after the transfer was up late, after the shock up to the plate to the end, the end plate PP warehouse receipt to close at 1060.34 points, compared with the previous day up 0.89 points, or 0.08%. Thursday, opened in plastic PP depository receipts, opening away quickly pulled up early buyer support, followed by slower gains board position, a slight upward trend in horizontal vibration has been maintained to the end dish, plate final depository receipts closed at 1072.83 points, PP compared to the previous day up 12.49 points, or 1.18%. Friday, opening low in open plastic PP warehouse receipts, a slight fall early, then increasing buyer power, disk sharply pulled up, a strong upward trend throughout the whole shock, the end plate to close at 1081.55 points, PP warehouse receipts, compared with the previous day rose 8.72 points, or 0.81 percent.

Week, average daily trading volume for the 7734 tons, up 694 tons the previous week at the end; weekend order for the 5769 batch, reduce the 74 approved last previous week.

Week of trading details are as follows:

by: gaga

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