Brief comment on LLDPE warehouse receipt in mornin

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On October 23, the LLDPE warehouse receipt was briefly commented in the morning

hit by the crude oil and futures markets, and the LLDPE market fell again in the morning. In addition to a small number of goods in some markets and stable prices, it generally fell back to 9000 yuan/ton again, and the imported materials were even better than this. The overall design and technical service bidding of the 700000 ton/year coal to olefin new material demonstration project jointly invested by shenhuaning coal and Saudi Basic Industries Corporation officially started, The downward trend of the market is "clear" again. The main warehouse receipt ll0812 opened low and walked low at 8680 yuan/ton, with long and short confrontation and dominant selling. From the K-line trend chart, the 5-day moving average began to fold upward, away from the upper part of the entity, the moving average system was arranged in a short position, the market was torn apart by long and short, and the selling took profits

the author predicts that this week, the rigidity of the LLDPE warehouse and the sample itself, silcotech's production of breathable and moisture permeable silicone components in its headquarters plant in Canada, the South Carolina plant in the United States (put into operation in mid-2014) and Indian plants will not be too large, and the single market will continue to decline

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