Short-term adjustment does not change the momentum index will still be upward

During the Asian trading session on Tuesday, international oil prices fell once due to the strengthening of the US dollar. However, after the US consumer confidence index was announced, international oil prices rebounded again. In the game between the two, the price of oil has stabilized. However, the data released by the American Petroleum Institute showed that the US crude oil inventories surged last week, and the international oil prices fell after the close of the electronic trading system. Tuesday (October 26) New York Mercantile Exchange West Texas light oil December ** settled at $ 82.55 a barrel, up $ 0.03 over the previous trading day.

The "Investment Statistics Report for Financial Institutions in the Third Quarter of 2010" released by the People's Bank of China on the 26th showed that the growth rate of real estate growth fell. In the first three quarters, real estate investment in major financial institutions, rural cooperative financial institutions, and urban credit cooperatives increased by 1.72 trillion yuan. The balance at the end of September increased by 32.9% year-on-year, 5.2 percentage points lower than the end of the previous year. Even the plastics opened higher and lower today, and they oscillated strongly during the session. At 10:00, the warehouse receipts oscillated in a narrow range, and the China Plastics Index slightly fell 0.52 points to 1046.85 points.

Opening early in the morning, the China Plastics warehouse receipts index plunged, but the willingness to fall was obviously insufficient. At 10:00, the China Plastics Warehouse Receipts Index reported at 978.21 points, 0.41 points lower than the previous day.

Morning domestic petrochemical major grade factory report, PP individual grade (F401 / Panjin ethylene) rose 600 yuan / ton, PVC part of the brand fell 50 yuan / ton, PE part of the brand adjustment, the range of 50-200 yuan / ton; Yuyao Plastic City raw materials Market quoted in the morning, ABS individual brand (0215A/ Jilin Petrochemical) fell 100 yuan/ton, PP part of the brand rose 50-100 yuan/ton, PE part of the brand rose 100-200 yuan/ton, PS individual brand (825/ Panjin ethylene) Rose 100 yuan / ton. China Plastics Spot Index reported at 1163.75 points, up 0.34 points from the previous trading day.