Warehouse receipts are still sluggish

September 10th, 10:00 China Plastics Price Index:
species
index
Change
China Plastics Price Index
985.85
↓1.61
China Plastic Warehouse Receipt Index
918.02
↓ 2.65
China Plastic Spot Index
1109.94
↑ 1.30
The oil spill pipeline from Canada to the United States continues to be interrupted. There is still no timetable for the pipeline restart. On Wednesday (September 15th), the New York Mercantile Exchange's West Texas Light Oil October ** settled at US$76.02 per barrel, The trading day fell by $0.78, a decrease of 1%, the largest decline since August 31st.

According to the data released by the Ministry of Commerce on the 15th, in August, 2,226 foreign-invested enterprises were newly approved to set up, an increase of 21.16% year-on-year, and actual foreign direct investment (FDI) was 7.602 billion US dollars, an increase of 1.38% year-on-year. Even the plastics continued to fall today with a big drop. By 10:00, the warehouse stock spot trend continued to diverge. China's plastics price index fell 1.61 points to 985.85 points.

Opening early in the morning, the China Plastics warehouse receipts index opened lower, and the decline gradually declined. At 10:00, the China Plastics warehouse receipts index reported at 918.02 points, 2.65 points lower than the previous trading day.

In the morning, the domestic petrochemical major factory quotation was stable; Yuyao Plastic City raw material market price quoted in the morning, some of PE grades were 50 yuan/ton, and some PS grades were adjusted, and the amplitude rose by 100-150 yuan/ton. China Plastics Spot Index reported 1109.94 points, up 1.3 points from the previous trading day.

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