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PE prices down again Pricing Yin Die-PE, plastic, vinyl - HC Network plastics industry by sgbvdf asga
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PE prices down again Pricing Yin Die-PE, plastic, vinyl - HC Network plastics industry by SGBVDF ASGA
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| Article Posted: 12/28/2010 |
| Article Views: 69 |
| Articles Written: 2044 - MORE ARTICLES FROM THIS AUTHOR |
| Word Count: 512 |
| Article Votes: 0 |
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PE prices down again Pricing Yin Die-PE, plastic, vinyl - HC Network plastics industry |
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Business,Business News,Business Opportunities
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HC plastic mesh News: First, the market review
Final value for GDP compared with the previous value of the negative impact of the downturn in consumer confidence overshadowed better-than-expected aid Greece and reaching an agreement, the New York Mercantile Exchange (NYMEX) crude oil futures Friday fell by 53 cents , closing at 80 U.S. dollars a barrel, down a third day. Asian ethylene offer both fell, reportedly 1130-1150 USD / ton; naphtha prices continue to drop, hovering at 80 dollar / barrel below the overall domestic plastic raw materials were weak, some petrochemicals manufacturers reduce the price again, play the market trading inhibited, the market return to the vulnerable.
Second, fundamental analysis 1.1-2 months, industrial added value of raw materials rose 20.7%, compared with 0.6 percentage points in December to speed up. February, raw materials, industrial added value increased by 14%, up 6 percentage points to speed up. Chemical industry 1-February, Chemical Bank sector grew by 27.3% over last year in December to speed up 2.8 percentage points. Main products, caustic soda, soda ash, ethylene production rose by 27.6%, 28.5% and 19.1%; chemical fertilizers, pesticides production grew 31.1% and 19.6%.
2. China Oil And the Chemical Industry Association statistics also show that in 2009 the oil and chemical industry quality of economic performance among the nation's industrial front, the year the industry is expected to reach 6.5 trillion yuan of industrial output value, profits expected to reach 500 billion yuan. With the further improvement of the economic situation at home and abroad, a series of positive factors for the development of the industry's continued recovery in the petrochemical industry to create a better environment: growth at a high level of domestic investment, industrial transport and logistics market rebound led a rebound in export revenues decline gradually narrow. As of December 2009, the industry's recovery in the economy shown a good trend, the major petrochemical product market demand continues to rise, the market price of some petrochemical products increased chain; output, output continued to grow, companies operating rates improved; sector investment growth speed.
3.2010 PE in domestic production in February was 72.2 million tons over last year (61.7 tons) increased by 10.5 million tons, an increase of 17%. 1-2 months total 1.42 million tons, up last year (1.225 million tons) increased 195,000 tons, an increase of 15.9%.
4.2010 in January-February, Plastic Products Industry output value reached double-digit growth, exports maintained a rapid growth. Plastic Products Industry Sell Output in February up by 22.6% cumulative increase of 32.75%; plastic products industry in February sales rate of 97.72 percent, up 0.99%, total sales rate of 97.71%, up 0.43%; plastic products industry export delivery value in February year on year increase 16.2% cumulative increase of 21.78%. Plastic products industry production in February increased 12.1% year on year, the cumulative increase of 17.4%. I am an expert from China Toys Suppliers, usually analyzes all kind of industries situation, such as hydraulic stamping press , micro drill press.
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