The hottest weekly review of HDPE has a slight sho

[HDPE weekly review] slight shock and momentum adjustment

I. this week's market (from March 10 to March 14, the environmental resistance and measurement authenticity of the product were improved):

this week, the HDPE warehouse receipt market showed a slight shock and consolidation form, and the price fell slightly in the week. By the end of the weekend, the HDPE warehouse receipt index had closed at 1096.66 points, down 1.44 points from last week. The specific trend of the week is as follows:

on Monday, a small positive line was collected from the HD continuous chart and the daily K-line chart. The center of gravity of the entity remained stable, standing above the 30 day moving average, the 5-day moving average continued to wear, the opening of the brin line was slightly extended horizontally, the entity was sorted out on the price track, and the red column of MACD index was enlarged; On Tuesday, the oil price rose moderately, and the HDPE warehouse receipt market of Sinochem showed a rising state. The trading atmosphere was slightly cold, and the trading volume decreased slightly. HD closed a small positive line on the daily K-line chart, and the physical center of gravity remained stable, standing above the 30 day moving average; On Wednesday, the HDPE warehouse receipt market fell short, and the trading atmosphere improved slightly. The HDPE index closed at 1095.48 points. On the daily K-line chart of HD continuous chart, a straight line was closed, and the physical center of gravity fell. It was supported on the 10 day moving average, and the 5-day moving average continued to wear; On Thursday, a straight line was closed on the daily K-line chart of HD continuous chart, and the physical center of gravity fell, which was supported on the 10 day moving average. The speed of the 5-day moving average slowed down, and the KDJ index showed a golden cross downward; The order volume on Friday was 195 tons, a slight increase from last Friday. The transaction details of a week are as follows:

warehouse receipt variety

settlement price (yuan/ton)

HDPE warehouse receipts were traded on this Sunday (tons)

HDPE warehouse receipts order quantity (batch)

this weekend

last weekend

rise and fall

this week

last week

increase and decrease

this weekend

last weekend

increase and decrease

hd0804

13480

13487

7 ↓

89

68

21 ↑

39

28

11 ↑

hd0805

13486

13490 the relevant person in charge of Zhengzhou Rixin building materials Co., Ltd. informed

4 ↓

II Comprehensive analysis:

from the daily K-line chart of the index, this week's K-line combination entity is four positive and one negative lines, the entity fluctuates and hovers, and the 5-day moving average of the moving average system crosses the 30 day moving average. The weekly K-line shows that the entity has received a short positive line this week, the KDJ index is on the price track, the golden fork is down, and the MACD red column is slightly reduced. By Friday, the daily K-line of hd0805, the main variety, showed that its closing price fell to 13490 yuan/ton, and the daily K-line received a short positive line; The center of gravity of the entity moves down slightly; Bol line opening shrinks slightly; KDJ index golden fork down

this week, the international futures price showed a volatile upward trend. At the close of Friday, WTI was $110.21/barrel, down $4.94 from last Friday; Brent was $107.55/barrel, up $5.17 from last Friday

this week, the low-pressure materials in the low-pressure spot market rose and fell. With the continuous rise of market prices and the continuous increase of raw material costs, the downstream factories are difficult to adapt to the fashion, and the production enthusiasm is not good. Cannon obtained the patent of this L-shaped mixing head in 1979, and the actual demand fell. However, the international oil price has climbed to a new high, and the overall resources are insufficient, which still has a strong support for the market. As of Friday, HDPE: wire drawing material yuan/ton, plastic injection material yuan/ton, film material yuan/ton, hollow material yuan/ton

on the whole, market positive factors dominate. From the perspective of market mentality, most traders are optimistic about the recent market and believe that the market is in a normal consolidation period. It is expected that the HDPE warehouse receipt market will still be dominated by high volatility in the near future

(personal view, for reference only; enter the market accordingly, at your own risk)

note: this reprint indicates the source. The reprint is for the purpose of transmitting more information. Impact testing machine refers to applying impact testing force to the sample, which does not mean agreeing with its view or confirming the authenticity of its content