Warehouse receipts stability index

September 20th, 10:00 China Plastics Price Index:
species
index
Change
China Plastics Price Index
990.55
↑2.70
China Plastic Warehouse Receipt Index
919.06
↑3.03
China Plastic Spot Index
1115.10
↑0.47
Beijing time at 9:30 on September 20, the New York Mercantile Exchange (NYMEX) October crude oil ** electronically reported 73.76 US dollars / barrel, compared with the previous day closing up 0.10 US dollars, trading range of 73.52-73.88 US dollars per barrel.

Following the increase in the amount of ** occupancies in China in April of more than 280 billion yuan, the country’s newly added ** accounted for 243 billion yuan in August, the second highest in the year, and hit a new high in nearly four months. Analysts believe that the change in the ** shareholding data highlights that the current short-term international capital flows flowing into China are presenting a pattern of “turning in and out”, and there is an inflection point in the flow of hot money. Even the plastics opened higher and higher today, and the gains were greater. By 10:00, the spot price of both warehouse receipts rose, and the China Plastics Price Index rose 2.7 points to 990.55 points.

Opening early in the morning, the China Plastics warehouse receipts index opened sideways after the index opened higher and the market sentiment improved slightly. At 10:00, the China Plastics warehouse receipts index reported 919.06 points, up 3.03 points from the previous trading day.

In the morning, the domestic petrochemical major brands ex-factory price, PP individual brands (T30S / Fushun Petrochemical) fell 150 yuan / ton, PVC individual brands (SG-2 / Zhejiang Juhua) rose 350 yuan / ton; Yuyao Plastic City raw material market price quotes in the morning, ABS individual grades (CH510/ Panjin Ethylene) rose 100 yuan/ton, PE individual grades (5000S/Lanzhou Petrochemical) rose 50 yuan/ton, and PS individual grades (666D/Yanshan Petrochemical) rose 50 yuan/ton. The China Plastics Spot Index reported 1115.1 points, up 0.47 points from the previous trading day.

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