Billet market report May 2011
2011-06-10 16:24:13 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
1
1.2 It is reported that the president of Central Bank emphasized the framework of prudent macroeconomic policies have been the main direction of International financial reform after the crisis . On the term of Macroeconomic, besides the traditional monetary policy tool such as using money supply and interest, etc, some new innovative means of reverse cycle regulation is introduced . For example, it built reverse cycle capital buffer system and dynamic losses system, etc.
1.3 Some provinces increase thermal power prices . The tight supply of power makes Jiangxi, Hunan and Guizhou lift thermal power price by two fen per degree . Many professors suggest to adjust Industrial electricity prices in order to reduce the demand from High energy consuming industries .
. 1 After the reserve ratio increased on May 18, financial institutions hand in 370 billion yuan per month . This makes the capital flow tighter in the free market . Circulation of 1-year central bank bills, cost 7 billion yuan, reduces sharply against that of last week . in addition, under the great pressure of high inflation, the increase of deposit and loan interest is likely to occur early June.1.2 It is reported that the president of Central Bank emphasized the framework of prudent macroeconomic policies have been the main direction of International financial reform after the crisis . On the term of Macroeconomic, besides the traditional monetary policy tool such as using money supply and interest, etc, some new innovative means of reverse cycle regulation is introduced . For example, it built reverse cycle capital buffer system and dynamic losses system, etc.
1.3 Some provinces increase thermal power prices . The tight supply of power makes Jiangxi, Hunan and Guizhou lift thermal power price by two fen per degree . Many professors suggest to adjust Industrial electricity prices in order to reduce the demand from High energy consuming industries .