The central bank unexpectedly hike interest rate index even worse
On the evening of the 19th, the People's Bank of China announced that since October 20, 2010, the financial institutions have raised their benchmark interest rates. The benchmark interest rate for one-year deposits of financial institutions was raised by 0.25 percentage point, from the current 2.25% to 2.50%; the one-year benchmark interest rate was raised by 0.25 percentage points from the current 5.31% to 5.56%. Today, even the plastics opened sharply and slowly recovered. At 10:00, affected by the oil price plummet, warehouse receipts fell sharply, China Plastics Index fell 8.52 points to 1031.62 points.
Opening early in the morning, the China Plastics warehouse receipts index opened sharply, and then slowly recovered, but the rebound was weak and the decline was still relatively large. At 10:00, the China Plastics warehouse receipts index reported at 956.02 points, down 13.78 points from the previous trading day.
In the morning, the domestic petrochemical major brands ex-factory price steady big move, PP individual brands (T30S / Yan'an refinery) fell 200 yuan / ton; Yuyao Plastic City raw material market in the morning offer, ABS part of the brand rose 200 yuan / ton, part of the PP rose At RMB 50/t, individual PE grades (5000S/Daqing Petrochemical) rose by RMB 50/t, and individual PS grades (666D/Yanshan Petrochemical) rose by RMB 100/t. China Plastics Spot Index reported 1161.61 points, up 0.09 points from the previous trading day.
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