The weak trend of the spot trend is difficult

October 1st, 15:00 China Plastics Price Index:
species
index
Change
China Plastics Price Index
1044.17
↑ 2.34
Plastic warehouse receipts index
974.28
↑ 6.62
China Plastic Spot Index
1162.35
↓1.02
Lack of news support, international oil prices continue to fall. Tuesday (October 12) New York Mercantile Exchange West Texas light oil November ** settled at $ 81.67 a barrel, down $ 0.54 over the previous trading day.

The first half of the international balance of payments issued by the National Bureau of Management on the 12th showed that in the second quarter and the first half of the year, China’s international balance of payments continued to assume a “double surplus” pattern, and the international balance of payments situation further improved. The "China's Balance of Payments Report for the First Half of 2010" released at the same time pointed out that the SAFE will continue to maintain a high pressure on the flow of "hot money". *** Exchange reform does not mean that the appreciation of ***, but focuses on improving the exchange rate formation mechanism. Even with a slight increase in plastic today, the main day-to-day shocks sideways, eventually rose 0.57%. At 15 o'clock, the warehouse receipts strengthened their support. The China Plastics Index rose 2.34 points to close at 1044.17 points.

Today's Chinese plastic warehouse receipts index opened higher and higher, and the market's focus steadily increased. Finally, the China Plastics Warehouse Receipts Index closed at 974.28 points, up 6.62 points or 0.68% from the previous trading day. Volume of 1388 batches reported a slight contraction from yesterday's volume of 3215 batches.

Today's domestic petrochemical quotes, PP part of the brand adjustment, the rate of 100 yuan / ton, PVC part of the brand rose 50-200 yuan / ton, PE part of the brand adjustment (up more or less), the range of 100-500 yuan / ton. In the spot market, Yuyao Plastic City's raw material market price, PP part of the brand rose 100-650 yuan / ton, PE part of the brand adjustment, the range of 100-300 yuan / ton, PS part of the brand rose 100-300 yuan / ton. At 15 o'clock, the China Plastics Spot Index reported 1161.25 points, down 1.02 points from the previous trading day.

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