First, the situation of the disk:
Today, even plastic prices are higher and higher, shrinking upwards, Masukura is not large, late at close at 9830 yuan / ton, up 140 yuan / ton, the highest price for the day is 9,845 yuan / ton, the lowest price is 9740 Yuan / ton. The trading volume was reduced by 181,000 contracts and the open interest increased by 3,568 contracts.
Second, the spot market:
Crude oil / ethylene fell again, linear ** opened higher, intraday volatility. Markets in various localities have stabilized, and the high pressure in North China has risen. Some low pressures in southern China have weakened. North China's linear mainstream reported at 9550-10000 yuan per ton, East China's linear mainstream reported at 9550-9750 yuan per ton, and South China's linear mainstream reported at 9600-9800 yuan. Ton, the market has a strong wait-and-see atmosphere, and the inquiry/contracting transaction is poor. At the G8 Summit, the G8 hopes that Greece will continue to retain the euro zone. The EU also has this intention, but there is still no unified opinion on the solution to the Greek debt crisis. The economy is still turbulent, the demand is ineasi, supply pressures are increasing, and in the short term, it is difficult. Changed the weakness and continued the weak consolidation.
Third, ** warehouse receipt:
As of May 21st, 4415 lots of warehouse receipts had been registered, with 22,075 tons.
Fourth, position analysis:
On Monday's main closing positions, there were a few short positions in long and short positions, and net inflow of funds was RMB 21 million. The long bullish volume of main long positions is slightly superior, but today's trading volume has shrunk and trading activity is not high. The price showed a technical rebound. The two sides mostly take a wait-and-see approach to change, with a small amount of test positions. If the bearish pressure is not strong, there will be a slight rebound in prices.
V. Technical Analysis:
From the perspective of the K-line graph, the indicators of MACD (8,13,9) disappeared, and the two lines stuck together below the zero-axis to converge upwards, and there was a rebound momentum.
The average system maintained overall short position, the short-term 5-day moving average was flat and the price stood at the top to form a support, giving a rebound trend, but the rebound strength at the top of the 10-day line was slightly insufficient. Above the pressure level 9850, 10,000 yuan / ton. The support below is 9750, 9640 yuan/ton.
Sixth, operation conclusion:
Even the plastic shrinkage Masukura finally stood on the 5th line, announced the beginning of the rebound, but the amount of energy can not be seen to force, and the pressure above more, the pressure is heavier or limit space. Although there is a slight boost in the implementation of the domestic policies at the macro level, the key is still the Greek crisis. At present, it is delayed until the beginning of June. Spot prices stabilize and wait and see atmosphere is strong. Therefore, in general, the rebound of Liansu is just a normal trend after technical oversold. The overall weakness has not changed. On the operation, individual investors are advised to participate in the rebound in a short period, but they must take a profit-taking stop loss. 9900-10000 range. Traders are still shipping at any time. If the price rebound can reach an integer mark of 10,000 yuan, they can participate in selling the insurance in small amounts and prepare funds for waiting.
Today, even plastic prices are higher and higher, shrinking upwards, Masukura is not large, late at close at 9830 yuan / ton, up 140 yuan / ton, the highest price for the day is 9,845 yuan / ton, the lowest price is 9740 Yuan / ton. The trading volume was reduced by 181,000 contracts and the open interest increased by 3,568 contracts.
Second, the spot market:
Crude oil / ethylene fell again, linear ** opened higher, intraday volatility. Markets in various localities have stabilized, and the high pressure in North China has risen. Some low pressures in southern China have weakened. North China's linear mainstream reported at 9550-10000 yuan per ton, East China's linear mainstream reported at 9550-9750 yuan per ton, and South China's linear mainstream reported at 9600-9800 yuan. Ton, the market has a strong wait-and-see atmosphere, and the inquiry/contracting transaction is poor. At the G8 Summit, the G8 hopes that Greece will continue to retain the euro zone. The EU also has this intention, but there is still no unified opinion on the solution to the Greek debt crisis. The economy is still turbulent, the demand is ineasi, supply pressures are increasing, and in the short term, it is difficult. Changed the weakness and continued the weak consolidation.
Third, ** warehouse receipt:
As of May 21st, 4415 lots of warehouse receipts had been registered, with 22,075 tons.
Fourth, position analysis:
On Monday's main closing positions, there were a few short positions in long and short positions, and net inflow of funds was RMB 21 million. The long bullish volume of main long positions is slightly superior, but today's trading volume has shrunk and trading activity is not high. The price showed a technical rebound. The two sides mostly take a wait-and-see approach to change, with a small amount of test positions. If the bearish pressure is not strong, there will be a slight rebound in prices.
V. Technical Analysis:
From the perspective of the K-line graph, the indicators of MACD (8,13,9) disappeared, and the two lines stuck together below the zero-axis to converge upwards, and there was a rebound momentum.
The average system maintained overall short position, the short-term 5-day moving average was flat and the price stood at the top to form a support, giving a rebound trend, but the rebound strength at the top of the 10-day line was slightly insufficient. Above the pressure level 9850, 10,000 yuan / ton. The support below is 9750, 9640 yuan/ton.
Sixth, operation conclusion:
Even the plastic shrinkage Masukura finally stood on the 5th line, announced the beginning of the rebound, but the amount of energy can not be seen to force, and the pressure above more, the pressure is heavier or limit space. Although there is a slight boost in the implementation of the domestic policies at the macro level, the key is still the Greek crisis. At present, it is delayed until the beginning of June. Spot prices stabilize and wait and see atmosphere is strong. Therefore, in general, the rebound of Liansu is just a normal trend after technical oversold. The overall weakness has not changed. On the operation, individual investors are advised to participate in the rebound in a short period, but they must take a profit-taking stop loss. 9900-10000 range. Traders are still shipping at any time. If the price rebound can reach an integer mark of 10,000 yuan, they can participate in selling the insurance in small amounts and prepare funds for waiting.
Hengshi Diamond Tools CO.,LTD , https://www.ryomaltools.com