The domestic downturn is slightly stronger in the chemical market
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The stock index continued to receive a cross star, the trading positions were all reduced, and the amplitude was limited during the day. Although there was an uptrend in the trading session, the market continued to decline in the late session and there was insufficient market confidence.
The metal was quiet, with 2.83% of copper as the biggest drop, followed by 2% of gold, and zinc and thread also showed more than 1% decline. Before the metal was changed, it was active, with a deep drop. There was no sign of resistance in the market, but there was no withdrawal of funds and the market remained stalemate.
Chemicals were relatively defensive, with PTA midday and late-day spikes. Methanol has also been buoyant. Although plastics and PVC have been somewhat calm, they have seen limited decline. The most important thing is that many varieties have seen a substantial increase in their positions. Apart from the fact that funds have re-appreciated small chemicals, the more reason is the support of chemical industry in the spot industrial chain, such as limited production and receipt of TAs, and shipments of methanol.
Most of the agricultural products are low-opening and the amplitude is very small, but the decline is also smaller than that of metals. After all, the agricultural products have been bullish. After all, the so-called “thin-throwing camel is better than Ma Daâ€, and it will not be completely defeated. It is worth noting that with soybean meal and white sugar as the head, most agricultural products are lightened up, and perhaps the high-funded funds are ready to rest.
For ultra-high temperature gas turbines, aircraft engines, electric furnaces, etc.