Yesterday, June 9, 2012 the China NDRC (National Development and Reform Commission) announced that lower the gas & diesel prices by 0.39 and 0.44 RMB per liter respectively, though it still can’t reach most people’s expectations since the world crude oil prices have fallen so much.
The oil pricing mechanism in China is always a dispute for years because its nature of rising much less fall, people’s complaints can be heard everywhere, the oil prices in China even expensive than in the U.S, that’s really a joking that the American per capita income is ten times than the Chinese… all the people are enjoying a happly life that only in CCTV news, haha!
But the oil price down still a good news for our company, that result plastic resins prices down also, especially the resin number for our injection molding and blow molding production now.
Thank you.
Wuxi Glory Plastics Co Ltd by June 10, 2012.






