The world's largest single-line capacity producer of recycled bottle grade polyester chips. A few days ago, German environmental experts observed plastic slicing made from used plastic bottles. / Xinhua News Agency reporter Chen Chenxu reported: despite the sharp drop in international oil prices, yesterday's domestic commodity performance fell, the day to rebound to the bottom, the plastics that have been rising in the previous period continue to hit new highs, analysts believe that it is expected to rise to 11,000 mark nearby. The sharp drop in crude oil may not be as big as investors worried that the slow economic recovery rate could not support the expected rebound in oil demand. The overnight crude oil futures price fell for the fourth consecutive trading day, falling to a five-week low, and August crude oil closed at 64.05. The US dollar, which is the lowest level since May 27, also hit the biggest one-day price decline and percentage decline since April 20. At the same time, from a technical point of view, crude oil now has the potential to form a double-headed, technical trend is bearish. This has caused investors to worry about a sharp drop in crude oil and continue to put pressure on commodities. However, integrated futures analyst Huang Weichang believes that investors do not have to worry about crude oil falling sharply. Because crude oil is the last and most powerful trump card of international investment funds, the bear market of global commodities in the economic crisis has bottomed out at the end of last year, and the value preservation function of crude oil is even worse than gold, even though the current US dollar has stabilized. The trend of rebound, but he believes that the fluctuation of the dollar is expected to maintain, and due to the resource characteristics of crude oil, it is still possible to separate from the US dollar in the later stage. He believes that the current market comment seems to pay too much attention to the macro economy and ignore the operational characteristics of the commodity itself. In the long run, the commodity will move according to its own rules. Commodities undergo a six-month rise in technical kinetics that need to be revised. As far as crude oil is concerned, it is currently in a high-level wide-stage consolidation stage, and then it must be a new round of rapid growth. Merrill Lynch, a well-known institution, also raised its forecast for future oil prices. The agency predicts that the average price of crude oil this year will be US$58.5/barrel, and in 2010 it will be US$75/barrel, higher than the previous forecast of US$62/barrel. In addition, whether the decline in crude oil will lead domestic oil stocks to fall is also a concern of many investors. In this regard, Huang Weichang believes that from the changes in PPI and RMPI (raw material price index) this year, the reduction in corporate procurement cost pressure is greater than the decline in the sales price of finished products. Therefore, the impact of crude oil decline on domestic oil stocks is minimal, oil The recent pressure on the stocks mainly comes from the rotation of domestic funds on the subject matter speculation. However, he also reminded that the market did show signs of adjustment, investors need to be careful in July. Plastics are expected to fluctuate at a high level in the near future. Plastics that have risen in the previous period have once again become the focus of capital attention. They continued to maintain strong momentum yesterday, and the main contract closed up 1.84%.</div>

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<div>Analysts believe that the reason for the continued rise in plastics should be due to the shortage of short-term ethylene supply and the support of petrochemical plants to increase the ex-factory price. In addition, in the spot market, although the crude oil drop still affects the mentality, but due to the current petrochemical promotion, the middlemen have speculation. Yesterday, the spot market price continued to rise, and the merchants actively shipped. Shunde market merchants expected Sinopec to continue to raise prices. The market rose by 50-100 yuan/ton in advance, and the market inquiry was acceptable. Market participants believe that the spot market is expected to report high prices in the short term. Huang Weichang believes that domestic plastics are oligopolistic varieties, and it is not difficult to get rid of crude oil in a period of time. Regardless of the economic situation, the current situation is that greenhouse film consumption is still large, plastics futures have already reflected the expected consumption of agricultural film in the later period, and the latter is mainly shocked, and the target may be around 11,000. ▲Related news London gold exchange metal futures prices fell. Xinhua News Agency, London, July 6th, London Metal Exchange (LME) metal futures prices fell on July 6, of which nickel prices fell the most obvious. On the 6th, LME's copper stocks increased by 900 tons, the total amount was close to 270,000 tons. At the close, the unofficial settlement price of 3-month copper was 4917.5 US dollars per ton, down 1.5% from the previous trading day. Aluminum stocks fell by 1,375 tons, but the total is still close to a record high of 4.4 million tons. Huge inventory and sluggish consumption have put some pressure on aluminum prices. At the close, the unofficial settlement price of 3-month aluminum was US$1607.5 per ton, down 0.5% from the previous trading day.</div>
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