January 1st, 15:00 China Plastics Price Index:
According to an authoritative source, "First Financial Daily" disclosed that as of January 24, China's commercial banks added 2,000 billion yuan in January, almost equal to the same period last year. If the annual credit will be controlled at a target of 7 trillion to 7.5 trillion yuan, the credit increase in January has accounted for 16% to 17% of the annual ratio. Today, even after the plastic opened lower on a flat plate, it closed down 1.56%. By 15 o'clock, the decline in warehouse receipts narrowed slightly. The China Plastics Index fell 5.16 points to close at 1072.69 points.
The warehouse receipts index opened lower and lower today, the rate of decline quickly expanded, followed by a gradual recovery, the rebound was weak. As of the close, the China Plastics warehouse receipts index closed at 1019.29 points, down 5.59 points or 0.55% from the previous trading day. Volume was reported to be 1048, which was basically the same as yesterday, with 1,894 batches of orders.
Today's domestic petrochemical offer, ABS individual brand (8391 / Takahashi Petrochemical) fell 200 yuan / ton, PP part of the brand fell 50-100 yuan / ton, PVC part of the brand adjustment, the range of 50-100 yuan / ton, PE part of the brand adjustment, The rate is 200 yuan/ton. In the spot market, Yuyao Plastic City's raw material market price, PP part of the brand fell 50-100 yuan / ton, PE part of the brand adjustment, the range of 50-100 yuan / ton. At 15 o'clock, the China Plastics Spot Index reported 1217.27 points, up 0.55 points from the previous trading day.
       species      Â
index
Change
China Plastics Price Index
1072.69
↓ 5.16
Plastic warehouse receipts index
1019.29
↓ 5.59
China Plastic Spot Index
1217.27
↑ 0.55
Economic data released by the United States and the United Kingdom showed a slowdown in economic recovery. Coupled with India’s interest rate hikes, international oil prices fell to the lowest point in eight weeks on Tuesday. After the US and European crude oil prices closed, data released by the American Petroleum Institute showed that last week US crude oil inventories and gasoline inventories grew, and international oil prices fell further in the global electronic trading system. Tuesday (January 25th) New York Mercantile Exchange West Texas Light Oil March 2011 ** settled at US$86.19 a barrel, down US$1.68 from the previous trading day.
According to an authoritative source, "First Financial Daily" disclosed that as of January 24, China's commercial banks added 2,000 billion yuan in January, almost equal to the same period last year. If the annual credit will be controlled at a target of 7 trillion to 7.5 trillion yuan, the credit increase in January has accounted for 16% to 17% of the annual ratio. Today, even after the plastic opened lower on a flat plate, it closed down 1.56%. By 15 o'clock, the decline in warehouse receipts narrowed slightly. The China Plastics Index fell 5.16 points to close at 1072.69 points.
The warehouse receipts index opened lower and lower today, the rate of decline quickly expanded, followed by a gradual recovery, the rebound was weak. As of the close, the China Plastics warehouse receipts index closed at 1019.29 points, down 5.59 points or 0.55% from the previous trading day. Volume was reported to be 1048, which was basically the same as yesterday, with 1,894 batches of orders.
Today's domestic petrochemical offer, ABS individual brand (8391 / Takahashi Petrochemical) fell 200 yuan / ton, PP part of the brand fell 50-100 yuan / ton, PVC part of the brand adjustment, the range of 50-100 yuan / ton, PE part of the brand adjustment, The rate is 200 yuan/ton. In the spot market, Yuyao Plastic City's raw material market price, PP part of the brand fell 50-100 yuan / ton, PE part of the brand adjustment, the range of 50-100 yuan / ton. At 15 o'clock, the China Plastics Spot Index reported 1217.27 points, up 0.55 points from the previous trading day.