The chemical market started well in April and can still be expected in the middle of the year

wallpapers Industry 2020-12-10

according to the price monitoring of the business agency, there are 51 kinds of commodities in the list of commodity price rise and fall this week in the chemical industry sector, of which one commodity has increased by more than 5%, accounting for 0.9% of the total number of commodities monitored in this plate; the top three commodities of increase are butadiene (10.42%), styrene (4.76%) and toluene (4.74%). Zhang Ming, chief analyst of chemical industry of


business community, pointed out that the domestic chemical market continued the upward trend of last week, on the one hand, international crude oil (51.59, - 0.05, -10%) at the beginning of the week, the cost transmission to the downstream continued to the end of the week, which was fully reflected in the price trend of basic organic chemical products such as methyl benzene, styrene and butadiene. On the other hand, the impact of centralized maintenance of the plant continued to ferment. In addition, the drastic fluctuation of the transaction price in the international market has become the wind vane of the trend of the domestic market.

Zhang Ming believes that the domestic chemical market trend this week is in line with the previous forecast, leading the plate concentrated on organic basic chemical products, in the next middle of the year, device maintenance will still become the main driving force to promote the strong upward trend of the chemical market. In addition, the fluctuation of international crude oil should also be considered by market participants. Late April may be the beginning of a new round of market.