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[Plastic] Thousand shares limit, plastic, polypropylene and other futures limit limit market weakness has become an inevitable trend

 Last Update: 2022-01-16
 Source: Internet
 Author: User

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On the first day of the stock market opening after the Spring Festival, the Shanghai Composite Index opened 8.

The performance of futures has also been bleak.

Polypropylene plastic

During the Spring Festival, the foreign commodity market is "a piece of green".

During the Chinese New Year holiday, due to factors such as the pneumonia epidemic caused by the new coronavirus, global risk assets fell one after another.

Inventory accumulation or higher than expected, market weakness after the holiday has become an inevitable trend

The epidemic has had a strong impact on the plastics industry chain.

Therefore, the overall terminal demand has seen a significant decline.

Good news is coming

Zhong Nanshan said on the 2nd: “The current national epidemic is still on the rise, but we judge that the epidemic should not produce a national outbreak, but may only be a local outbreak.

The epidemic is still ongoing, but it is not deadly enough, and it will not bring a devastating blow.

(Keyword: plastic polypropylene)

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