-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
The increase in apparent demand in 2019 has benefited from the output support brought by the increase in production capacity.
China is the second largest economy in the world, and the Chinese economy is undergoing a transformation from "relying on investment and export-driven" to "consumption and innovation-driven" in the past
.
With the overall support for the demand for polyolefins such as new urbanization, new industrialization, agricultural modernization and international trade development, as well as the increasing demand for services such as high-quality life, education, medical care, and elderly care, polyolefins are widely used in new materials, automotive lightweighting, etc.
, green building materials, medical equipment, food-grade packaging, electronic and electrical miniaturization, etc.
are increasingly widely used
.
We have a large population.
From the perspective of demand, there is still a big gap between China's per capita plastic consumption and the developed countries in the world
.
Refining and chemical enterprises are gradually put into production, and the focus of the market has shifted
With the gradual increase of production units, the focus of the market is quietly shifting.
From the original focus on crude oil and seasonal factors, futures and industrial inventories are on the stage, and the focus is gradually increasing
.
As the source of all commodity markets, crude oil has a delayed impact on downstream markets.
Before 2014, oil prices and seasonal factors dominated the market, while external factors were weak.
In the early days of futures listing, the market was less dependent on futures instruments.
Therefore, the rise and fall of crude oil directly affects the spot market
.
With the continuous improvement and expansion of the futures market, it has become difficult to control the market based on research at the level of supply and demand.
Investment companies and spot subsidiaries have taken advantage of their own combination of futures and cash to set foot in spot trade, and use the model of walking on two legs to sell.
Forcing spot traders to get involved in financial business such as futures
.
Analysis of market influencing factors and quantifiable concerns of the future market:
The quantifiable focus of the market is on supply, demand, macroeconomy, futures, industrial policy, cost, etc.
, but the speculative demand, inventory and mentality of the non-quantifiable focus are increasingly favored by the market, and businesses are gradually paying more attention to it
.
Speculative demand refers to changes in demand caused by traders' actions, such as concentrated stocking or selling
.
Inventory - apart from petrochemical inventory and downstream inventory, traders' inventory is another major component of social resources
.
A trader's inventory represents the capacity of the "reservoir".
A high inventory level means that the market circulation is not smooth, the price rise is weak, and it shows signs of softening; while a low inventory indicates that the market transaction is acceptable and has upward momentum.
.
Funding situation - If traders are under pressure to pay foreign exchange, they will often sell the supply at low prices to withdraw funds, which will lead to some ultra-low quotations in the market, which will shake the popularity when the market trend is not clear
.
But generally speaking, this situation has limited impact on prices
.
Mentality - This means that traders' expectations for the market outlook are directly related to whether they are stocking and opening positions, and have a more obvious impact on the short-term trading volume, thereby guiding the price direction
.
Actual demand refers to the production demand of downstream factories, and the impact mainly involves three aspects
.
First, the impact of existing inventory on purchasing timing
.
The inventory of downstream factories is also a part of the total social resources.
Its level directly affects the procurement time of the factory, and it is a factor that cannot be ignored on the transaction of the raw material market
.
Second, the impact of the production conditions of downstream factories on the operating rate is directly related to the demand
.
This aspect is mainly reflected in the power cuts of factories in summer, resulting in insufficient operating rate
.
The third aspect is related to the sales of downstream factory products.
1.
The off-peak season of product sales, 2.
The rise and fall of product sales price affects the cost control of factory procurement 3.
The holding of various trading meetings has an impact on the order situation of downstream factories , to promote demand growth
.
