The smooth market transition index rose slightly

China raised the deposit reserve ratio of deposit-taking financial institutions and the debt crisis in Ireland fell after the rise in international oil prices on Friday. European and American crude oil prices suffered the largest weekly decline in three months. Friday (November 19) New York Mercantile Exchange West Texas light oil December ** settled at $ 81.51 a barrel, down $ 0.34 over the previous trading day.

On the evening of November 19, the People's Bank of China announced that from November 29, 2010, the deposit reserve ratio of deposit-taking financial institutions was raised by 0.5%. This is only a nine-day increase from the previous deposit reserve ratio. Even the plastics finished lower today, closing down 0.94%. At 15 o'clock, the warehouse receipts continued to rebound. The China Plastics Index rose 0.53 points to close at 1093.24 points.

The warehouse receipts index has recovered from the low readings of the current day and continued its rally last week. The gains for the entire day are still acceptable. As of the close, the China Plastics Index closed at 1029.36 points, up 4.67 points or 0.46% from the previous trading day. Volume was reported for 1,124 batches, and the recent volume was able to fall back day by day. Order volume was reported to 2,805.

Today's domestic petrochemical offer, ABS part of the trademark rose 100 yuan / ton, PP part of the brand adjustment, the range of 100-400 yuan / ton, PVC part of the brand rose 100-200 yuan / ton, PE part of the brand adjustment, the range of 100-500 yuan / ton . In the spot market, Yuyao Plastics Market quoted raw materials, ABS part numbers were adjusted at a rate of 100 yuan/ton, PP part numbers were adjusted at a rate of 100 to 400 yuan/ton, PE part brands rose at 100 yuan/ton, and PS individual brands (666D/ Yanshan Petrochemical) fell 100 yuan/ton. At 15 o'clock, China Plastics' spot index reported at 1229.77 points, down 1.46 points from the previous trading day.