Warehouse receipts end adjustment index to regain gains

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.

On the 12th, the National Bureau of Administration of the People's Republic of China announced the revised data of China's balance of payments in the second quarter and first half of 2010. In the second quarter of 2010, the current account of China’s international balance of payments continued to assume a “double surplus” pattern, including a current account surplus of 729. Billion U.S. dollars, a year-on-year increase of 35%; capital and financial projects a surplus of 25.8 billion U.S. dollars, a year-on-year drop of 68%. International reserve assets continue to grow. Even with plastics falling back today, the adjustment is not yet over. At 10:00, warehouse receipts once again warmed up, spot barely matched, China Plastics Index rose 3.17 points to 1045 points.

Opened early in the morning today, the China Plastics warehouse receipts index opened higher and higher, the amount can effectively cooperate with, and ended the adjustment trend. At 10:00, the China Plastics warehouse receipts index reported at 972.86 points, up 5.2 points from the previous trading day.

Morning domestic petrochemical major factory quotation, PP part of the brand rose 100 yuan / ton, PE part of the brand rose 100-400 yuan / ton; Yuyao Plastic City raw material market price quotes in the morning, PP part of the brand rose 100-650 yuan / ton, PE part Grades were adjusted to a range of 100-300 yuan / ton, PS part of the brand rose 100-300 yuan / ton. The China Plastics Spot Index reported 1164.16 points, up 0.79 points from the previous trading day.