Rebound rebound inertia index

January 20 at 10:00 China Plastics Price Index:
species
index
Change
China Plastics Price Index
1085.85
↑ 2.00
Plastic warehouse receipts index
1033.35
↑ 0.97
China Plastic Spot Index
1216.20
↑ 0.04

The tight supply of crude oil in the North Sea, the cold weather in Europe boosted demand, and the increase in demand in Asia led to the continued rise in Brent crude oil prices, while the abundant inventory in the United States and the less than expected economic data dragged West Texas Light Crude Oil ** down for two consecutive days. . Wednesday (January 19) New York Mercantile Exchange West Texas Light Oil February 2011 ** Settlement price was $90.86 a barrel, down $0.52 from the previous trading day.

According to preliminary estimates, the annual gross domestic product (GDP) was 3,989.8 billion yuan, which was calculated at a comparable price, an increase of 10.3% over the previous year, and the growth rate was 1.1 percentage points higher than that of the previous year. From a quarterly perspective, the first quarter increased by 11.9% year-on-year, the second quarter by 10.3%, the third quarter by 9.6%, and the fourth quarter by 9.8%. In terms of sub-industry, the primary industry added value was 4.0497 trillion yuan, an increase of 4.3%; the secondary industry was 1,868.1 billion yuan, an increase of 12.2%; the tertiary industry was 17,100,005 million yuan, an increase of 9.5%. Even with plastics falling back today, the upward pressure is greater. By 10:00, warehouse receipts did not rebound and China Plastics Index rose 2 points to 1,08.85 points.

Opening the market early this morning, the warehouse receipts index opened lower and higher, the trend of reddening, but the action can be extremely limited. At 10:00, the China Plastics warehouse receipts index reported at 1033.35 points, up 0.97 points from the previous trading day.

Morning domestic petrochemical major factory quotation, PVC individual brands (SG3-5 / Inner Mongolia Sanlian) fell 50 yuan / ton, PE part of the brand rose 100-200 yuan / ton; Yuyao Plastic City raw material market quotes in the morning, ABS individual brands (GP -22) Increased by RMB 700/ton, while part of PP decreased by RMB 50/100/ton, and individual PE grades (Q281/Shanghai Petrochemical) fell by RMB 100/ton. China Plastics Spot Index reported 1216.2 points, up 0.04 points from the previous trading day.

Posted on