China Drying Network News The domestic chemical market has experienced a strong rebound in the past month. The prices of the 68 chemical products monitored by the business club show that the chemical industry accounted for more than half of the first increase in the year, and the monthly increases of propylene oxide and glyphosate products exceeded 10%. Against the background of strong fluctuations in crude oil prices, the trading atmosphere in the petrochemical market became active. The chemical industry has always been saying that "golden nine silver ten", the industry demand is often slow start in September. Taking ethylene glycol, glyphosate and propylene oxide as examples, the price increase will mainly come from downstream polyester, agricultural demand and demand from the polyether industry. Senior business analyst Zhang Ming told the Securities Times reporter that the favorable factors in the chemical market in August increased significantly. In addition to organic chemical products continue to perform well, some inorganic chemicals are also exerting force, such as the acetic acid, sulfur, yellow phosphorus and other industrial chain needs are opening. In addition, bulk commodities also showed a pattern of ups and downs in August. According to the monitoring data, nearly 60% of bulk commodities rose collectively in August, with the agricultural, vice, oil, and textile sectors performing most prominently. Some analysts believe that the commodity market is showing a trend of gradual improvement since the rise or fall of 5 to 5 in July and the opening of June 4 in August. For commodity markets including the chemical industry, July and August are the “healing days†of early fall-falls. The performance differentiation indicates that the market is no longer affected by the policy and collectively blind, and the industry and fundamentals begin to play. effect. Liu Xintian is optimistic about the upcoming “Golden 9 Silver Tenâ€.
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