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    Home > Chemicals Industry > Rubber Plastic News > A flash in the pan or a boom in the boom, how long can chemicals go up?

    A flash in the pan or a boom in the boom, how long can chemicals go up?

    • Last Update: 2022-08-27
    • Source: Internet
    • Author: User
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    The price increase of chemical products that started before the festival continued until after the festival.


    What is the logic behind this round of price hikes? How long can the price rise continue?

    The rise in oil prices and the superimposed effect of foreign epidemics

    The rise in oil prices and the superimposed effect of foreign epidemics

    Many research institutions believe that the rise in crude oil prices has become the main reason for supporting the rise in chemical prices, and the two show a positive correlation trend


    "Generally speaking, this round of chemical prices has risen due to multiple factors


    The second factor is market supply and demand


    The third factor is that the operating profit margin of bulk products has been declining in recent years, and many investors have withdrawn.


    An expert from Sinochem Group said that although this round of chemical price increases is related to oil prices, it is more related to the epidemic


    U.


    U.


    What is the impact of the cold wave event on the price of polyolefin products in the market outlook? In this regard, relevant experts from Yide Futures analyzed that first, the impact of the cold current event is fast and violent, but the duration will not be very long.


    Second, the supply and demand structure of polyolefin itself is better


    Experts also said that from a macro perspective, global monetary policy is relatively loose


    Zhu Fang believes that from the perspective of the capital market, the cold wave will cause a certain degree of panic in the market, but it will soon calm down


    It's too early to tell the new business cycle

    It's too early to tell the new business cycle

    The rising trend of chemical products has not been recognized by the industry


    An expert from Sinopec said that the increase in the price of chemical products from before the holiday was caused by a combination of factors, such as rising oil prices, loose domestic policies, recovery of demand, benign development of internal circulation, and seasonal factors.


    Experts believe that the last round of the petrochemical industry boom cycle was from 2016 to 2019.


    Zhu Fang believes that although prices have improved, domestic bulk products are still in excess


    Zhu Fang judged that the price of chemicals should be good in the short term, but there is definitely excess in the long run
    .
    From the perspective of the business cycle, Zhu Fang said that under the high-quality development measures of reducing production capacity and adjusting the structure for many years, the industry no longer has a business cycle as obvious as in the past, but there will be price rotation

    .
    This round of price hikes cannot be regarded as a long-term behavior, but the chemical industry is gradually improving.
    In 2020, despite the difficulties in all walks of life, the operating profit margin of the chemical industry is higher than that in 2019

    .
    In addition, the CPI has been on a downward trend, and industrial products are showing signs of improvement

    .
    For the future, Zhu Fang believes that what needs to be solved is the problem of excess

    .
    The "dual circulation" proposed by the central government is very meaningful, and there will be future growth points in stimulating domestic demand for chemicals.
    This method will solve the problem of excess

    .

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