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| Trade News |
| ABS-week assessment: oil price shocks market was down slightly down |
| 2007-12-21 12:44:41 |
A market review (December 3-12, 7) Last week, and the trend relative, the index this week is an offense to hold ABS slightly lower, closing the weekend, the warehouse receipt index closed at 1330.98 points, the K-map at short阳线, on the 5th MA sustained downlink.
Monday, ABS opened an offense in a low-rate, low preliminary index fell slightly after the open, after briefly sliding index of shock, the continued decline in late index after stable; Tuesday, ABS warehouse receipts opened slightly lower open early index opened lower after sustained slight concussion, after index fell slightly after the show shocks, the index of concussion late slightly Yang trend; Wednesday ABS warehouse receipts opened slightly lower opening, pre index opened lower after the continued decline in intraday index of small shocks , the late Jan index slightly after a concussion stable; Thursday, ABS warehouse receipts opened slightly higher, the index opened higher after early soaring intraday index rose slightly after the stable, late index fell slightly after the trend smooth; Friday ABS warehouse receipts opened slightly lower opening, pre index opened lower after a slight decline in the rate of rebound immediately, after the sharp drop after the index stable, a concussion late index rose sharply after the stable.
turnover last week dropped 20 tons, the total order quantity Friday for 170 tons, down from five down 15 tons. Specific data are as follows: Variety is an offense to settle at (yuan / ton) is an offense to this week's daily average turnover of ABS (MT) ABS warehouse receipts order quantity (approved) Last weekend was up this weekend decreases the rate of increase or decrease in the week last week, the weekend rate of change over the weekend AB0803 15791 15934 143 ↓ 11113120 ↓ 34 37 3 ↓ Second, comprehensive analysis:
In the K-map, at short阳线, Brin continued to narrow the opening line, KDJ indicators concussion uplink, DIF indicators continued to slip slightly, the Green column showed amplification.
Basic information surface in this week on the international oil prices have dropped substantially. As at Friday close, WTI crude oil in 88.28 US dollars / barrel last week down 0.43 dollars; Brent crude in 88.64 US dollars / barrel last week rose 0.38 US dollars. Spot, the big stable market situation of small animals and tired hard to change. The downstream factories continue to maintain a low warehouse operation, the intensity of goods limited access, terminal demand remains in the doldrums. Fortunately, there are high costs and limited market overall support resources, stable prices showed slightly slippery.
To sum up, this week to maintain oil shocks mainly poor atmosphere of the market transactions, turnover fell slightly, and this week the market's overall trend of decline has concussion, ABS warehouse receipts fell slightly, ABS plastic is expected in the near future a concussion is an offense to the possibility of greater gains. Disclaimer: Some of the news content from the Internet, if the information violating your rights, please contact us, we will immediately make corresponding treatment. Information on the correctness and accuracy of research, the Chinese plastics network published on the web site of all information or statements do not guarantee its accuracy or reliability of the content; you accept this trust any information and recognize the risks should be born on its own. China Plastics net right but there is no such obligation to improve or correct information published in any part of the error or negligent |
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