Morning Insight: August 12, 2024
2024-08-12 03:49
Financial Derivatives August 12, 2024 Morning Insight: August 12, 2024 Linlin Gao Certification:Z0002332 gaolinlin@gtjas.com Yu Chen Wu (Contact) Certification:F03133175 wuyuchen028987@gtjas.com Main Body Commodity Market Insight: PX (Paraxylene): The correction phase has temporarily ended, with a short-term bottoming out and rebound expected. A SEP-JAN spread strategy is recommended, though the medium-term outlook remains weak. 1.) Last week, crude oil prices were the first to stabilize, but weak demand in ...