Crude oil does not catch up with the Lian Yin Index

US stocks rose, and the S&P 500 index rebounded. The oil ** market shifted its focus from gasoline to heating oil, and the international oil price turned up. Wednesday (August 25th) New York Mercantile Exchange West Texas Light Oil October ** settled at $72.52 a barrel, up $0.89 from the previous trading day.

The U.S. Congressional Budget Office issued a report on August 24 saying that in the second quarter of this year, the U.S. government’s large-scale economic stimulus plan will create 1.4 million to 3.3 million jobs, increase the GDP by 1.7% to 4.5%, and reduce the unemployment rate by 0.7- 1.8 percentage points. Even the plastics opened higher and higher today, and the gains were greater. By 10:00, China's plastics price index rose by the warehouse receipts index, soaring 6.14 points to 984.28 points.

Opening early in the morning, the China Plastics warehouse receipts index opened sharply higher, and then the oscillations gradually moved upwards, gradually increasing their gains. At 10:00, the China Plastics Warehouse Receipts Index reported 932.01 points, a sharp increase of 13.62 points over the previous trading day.

In the morning, the domestic petrochemical major brand ex-factory price was steady and small, PP part number fell 200-300 yuan / ton; Yuyao Plastic City raw material market in the morning quoted basically stable, ABS individual brands (CH510 / Panjin ethylene) fell 100 yuan / ton. China Plastics Spot Index reported at 1098.38 points, down 0.01 points from the previous trading day.