subject: March Sluggish Market Demand For Plastic Ice Weak Zoudie [print this page] The observation from known plastic warehouse receipts index, fell this month, after the market has stabilized plastic warehouse receipts, the overall market down significantly. Early peripheral Economy Poor surface / oil substantially turbulence / stock performance in the doldrums, the end of warehouse receipts market trend continued in February, market days of lower, warehouse receipts index fell below 1000 points, once again, performance is extremely sluggish. Stock market slump in form on the warehouse receipt a certain pressure. Months, the oil futures market and pick up the boost, the market has come a wave of rebound, the index closing on a 6 K line with Yang, early decrease in the fill. However, after several days of gains after the later this month, the market pressure to increase the technical correction, market volatility, high consolidation, but not significantly change the overall ups and downs. Period, the average system slow convergence, and short in the end to restore order, show some weak correction features. This month, warehouse receipts market was significantly warmer, the Spring Festival atmosphere dissipated, more traders into the market operation. Cumulative total volume was 31 139 this month approved, with 15 136 last month approved a substantial increase, then fell back order, at the end of the 3323 batch, up late last month approved reduction of 479. As of March 31, the plastic warehouse receipts index reported 973.48 points, again below the 1,000 point mark, down 32.93 points late last month, month, hanging out the short Yangxian K line.
March Sluggish Market Demand For Plastic Ice Weak Zoudie