subject: April Summary Of General Plastics Market: The Market In General Strong [print this page] HC plastic mesh : After the Spring Festival, with the gradual warming of the macroeconomic and downstream needs of taking a step forward to restore the exchange market out of the settlement species recovery shock gradual trend, from the macroeconomic perspective, with the various policies continue to be available to stimulate improvement in the downstream industry taking a step forward, makes the demand coming season gradually enlarged, so that after the market in April began to rise, especially PVC Varieties led to lead the species to regain upward, on the other hand, as oil prices continue to boost, to PP , And PE species led by the same olefin in order after the rebound. As the macro side, and the gradual improvement in market, sentiment began to rise gradually, the majority of businesses started by the idling state of mind, but as of the end, wide plastic index closed at 1049.06 points, up 16.41 points higher than at the beginning, average daily turnover 4767 grant, 4418 final order report approved.
Current market characteristics of each trading products:
PVC: Current price 7400 yuan mark after the board began to rapidly strengthened, after entering in March, as part of the cargo business will go strong, leading market into a month-long adjustment period, during which the downstream a lack of access goods, weak rally into April, with the lower start rate increased gradually and the demand amplification, as well as upstream prices to become stable carbide, formed to promote the market once in a certain amount of speculation in early atmosphere, and a phased increase cut-off period, the settlement price to go to 7530 varieties? between 7,600 yuan, up 120 more in March? between 233 yuan, or about 4%, up 120 over the previous period? 187 yuan, or about 3%. Through the current market trend, we can see the factors that affect the current market is mainly the one hand, demand started to improve after the Spring Festival, which began in March learned from the PRD, most of the operating rate increased to certain extent, due to the import and export pressure gradually reduced, orders began to increase in the downstream market improved on the formation of stimulating. On the other hand, upstream prices began to stabilize and gradually stabilized, especially in April raised the initial electricity combined five power enterprises is expected to give a certain degree of imagination calcium carbide prices, the market has been a wave of speculation in the atmosphere, but a message was fairly confused, Therefore, it crashed after market speculation soon subsided, but the price of Qi Wen upstream firm, but also the upstream market outlook, chlor-alkali enterprises bring some good pricing expectations. The third area, from a technical perspective, as current market along the 5th MA (7500 yuan Department) going up weekly and monthly line from the point of view, for 5 weeks moving average (7,450 yuan) and representatives in May moving average ( 7280 yuan Office) also brought a greater level of support to the market, on the other hand, from the mid-term MACD indicators, most varieties have begun to gradually show a strong feature, the red column is taking a step forward lengthened. Combining these fundamentals, market still look good medium-term market outlook is expected to rebound in the formation of a new round of patterns.
Current ethylene and PVC following a rebound in oil prices improved ethylene rebound out of the two waves, the first wave was in early March from the beginning to the formation of a wave from 7500? 7600 yuan to 100 yuan between the small rally, the second wave is a wave starting from the April following the oil price rally, at the end of the transaction of 7? October price to go to the 7700 variety? between 7780 yuan. Atmosphere from the trading point of view, the current period of significant activity over the previous transactions, most businesses are bullish market outlook, one after another, taking a step forward to promote the market stronger. The upstream side, Tianjin, Shanghai Chlor-Alkali and Taku offer little fluctuation, Shanghai Chlor-Alkali is maintained at 7,900 yuan at the end of the period / ton offer, Tianjin Dagu is over the previous period of 50 Yuan / ton up to close at 7,700 yuan / tons, from the upper reaches of the price trend, ethylene prices in Asia and a pickup, driven by the upstream price on the market quite clearly support the role of the other, with the downstream PVC demand to restore the whole industry will continue to market in a certain promote the role of ethylene PVC is expected to continue the momentum of the formation of a rebound.
April Summary Of General Plastics Market: The Market In General Strong
