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Connecting the past and the future, more than half the year
.
On the whole, the domestic chemical market in the first half of this year is dominated by general growth
First, the upstream push has a high growth rate
.
One of the biggest characteristics of the chemical product market in the first half of the year was that the basic bulk chemical products rose sharply, which became the driving force for the market
Second, the middle reaches follow the conduction smoothly
.
The sharp rise in upstream products was transmitted to the midstream.
Third, the downstream pressure needs to be digested
.
Another focus of attention in the chemical market in the first half of the year was that close to the end product had a small increase or even a decline, and the cost pressure of enterprises was greater
According to data released by the National Bureau of Statistics, from January to May, the national industrial enterprises above designated size achieved a total profit of 3,424.
74 billion yuan, an increase of 83.
4% year-on-year, an increase of 48% from January to May 2019, and an average increase of 21.
7% over the two years
.
In this context, the profit growth generated is mainly driven by the rise of upstream products in various industries
In addition, the performance of the coal chemical product market was also a highlight in the first half of this year.
In the context of the policy of peaking carbon, carbon neutrality, and eliminating outdated production capacity in the coking industry, many varieties have set new highs in the past few years
.
For example, the prices of coke, coal tar pitch, and coal tar increased by 25%, 59%, and 85% respectively, and their downstream products also increased by varying degrees
Based on a comprehensive analysis, the chemical product market in the first half of the year under the background of the general rise, presents a process of continuous extension and transmission based on the front-end promotion of the industrial chain
.
However, it does not rule out the hype, especially the resource-scarce and import-restricted products
