November 18th, 15:00 China Plastics Price Index:
The National Bureau of Statistics of China’s China Economic Climate Monitoring Center jointly launched the third quarter of China’s consumer confidence survey with Nielsen. The results showed that in the third quarter, China’s consumer confidence index was 104, which was a 5 point drop from the second quarter and fell for the first time after a consecutive increase of 5 quarters. Experts pointed out that the decline in consumer confidence index is mainly due to inflation expectations affect consumer confidence. Even the plastics opened higher and higher today, up 3.74%. At 15 o'clock, warehouse receipts stabilized during the session and the spot continued to fall. The China Plastics Index rose 1.05 points to close at 1085.77 points.
Today's warehouse receipt index maintains a sideways turbulence throughout the day, with a greater amplitude. As of the close, the China Plastics Index closed at 1011.04 points, down 0.13 points or 0.01% from the previous trading day. Volume was reported to be 1,433 batches, which quickly rebounded from the previous trading day, with 4,082 batches of orders.
Today's domestic petrochemical offer, ABS part of the brand fell 300 yuan / ton, PP part of the brand fell 200-600 yuan / ton, PVC part of the brand adjustment, the range of 50-600 yuan / ton, PE part of the brand fell 500-1100 yuan / ton, PS Individual brands (666D/Yanshan Petrochemical) fell 300 yuan/ton. In the spot market, Yuyao Plastic City's raw material market price, PP part of the brand fell 100-500 yuan / ton, PE part of the brand fell 200-500 yuan / ton. At 15 o'clock, the China Plastics Spot Index reported 1231.21 points, down 6.58 points from the previous trading day.
species
index
Change
China Plastics Price Index
1085.77
↑ 1.05
Plastic warehouse receipts index
1011.04
↓ 0.13
China Plastic Spot Index
1231.21
↓ 6.58
The increase in crude oil inventories in the Cushing area caused investors to be alarmed. Crude oil prices closed down 2.3%, closing at the lowest level in four weeks. Wednesday (November 17) New York Mercantile Exchange West Texas light oil December ** settled at $ 80.44 a barrel, down $ 1.90 from the previous trading day.
The National Bureau of Statistics of China’s China Economic Climate Monitoring Center jointly launched the third quarter of China’s consumer confidence survey with Nielsen. The results showed that in the third quarter, China’s consumer confidence index was 104, which was a 5 point drop from the second quarter and fell for the first time after a consecutive increase of 5 quarters. Experts pointed out that the decline in consumer confidence index is mainly due to inflation expectations affect consumer confidence. Even the plastics opened higher and higher today, up 3.74%. At 15 o'clock, warehouse receipts stabilized during the session and the spot continued to fall. The China Plastics Index rose 1.05 points to close at 1085.77 points.
Today's warehouse receipt index maintains a sideways turbulence throughout the day, with a greater amplitude. As of the close, the China Plastics Index closed at 1011.04 points, down 0.13 points or 0.01% from the previous trading day. Volume was reported to be 1,433 batches, which quickly rebounded from the previous trading day, with 4,082 batches of orders.
Today's domestic petrochemical offer, ABS part of the brand fell 300 yuan / ton, PP part of the brand fell 200-600 yuan / ton, PVC part of the brand adjustment, the range of 50-600 yuan / ton, PE part of the brand fell 500-1100 yuan / ton, PS Individual brands (666D/Yanshan Petrochemical) fell 300 yuan/ton. In the spot market, Yuyao Plastic City's raw material market price, PP part of the brand fell 100-500 yuan / ton, PE part of the brand fell 200-500 yuan / ton. At 15 o'clock, the China Plastics Spot Index reported 1231.21 points, down 6.58 points from the previous trading day.
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