The rebound has no effect and the index returns to decline

On Monday, due to market concerns about the spread of the sovereign debt crisis in the euro zone, the euro fell against the dollar, the dollar index rose further, international oil prices continued to fall, and New York’s light crude oil fell 3% in recent months. Earlier news about Ireland's acceptance of EU-based international financial assistance had pushed oil prices up by 1%. Monday (November 22) New York Mercantile Exchange West Texas Light Oil January 2011 ** settled at $81.74 a barrel, down $0.24 from the previous trading day.

According to data released by the Census and Statistics Department of the Hong Kong Special Administrative Region on November 22, the Hong Kong consumer price index (CPI) rose by 2.6% year-on-year in October this year, which was in line with the increase in September. Excluding the impact of all government one-off relief measures, Hong Kong's CPI in October rose by 2.3% year-on-year, slightly higher than the 2.2% rise in September. Even the plastics returned to the weak and re-sealed the limit. At 15 o'clock, warehouse receipts once again fell, China Plastics Index fell 12.5 points to close at 1080.74 points.

The warehouse receipts index opened lower today and the bearish sentiment spread. The decline continued to widen. As of the close, the China Plastics Index closed at 1009.59 points, down 19.77 points or 1.92% from the previous trading day. Volume of 1,149 batches reported a slight increase from yesterday, with 2,391 batches of orders.

Today's domestic petrochemical offer, ABS part of the brand rose 200 yuan / ton, PP part of the brand fell 400-900 yuan / ton, PVC part of the brand adjustment, the range of 100-150 yuan / ton, PE part of the brand adjustment, the range of 50-900 yuan / ton . In the spot market, Yuyao Plastic City's raw material market price, ABS part of the brand fell 100 yuan / ton, PP part of the brand fell 100-400 yuan / ton, PE part of the brand fell 100-300 yuan / ton, PS individual brands (525 / Panjin ethylene ) fell 100 yuan / ton. At 15 o'clock, China Plastics' spot index reported at 1,218.71 points, down 1.06 points from the previous trading day.