Chemicals lead the rise

In July, with the overall organic rebound, Trimethane ranked first with a 13% increase. Analysts pointed out that the current upstream methanol, ** market rebounded, the downstream R22 manufacturers operating rate has increased, directly leading to **** purchases to pick up. The short-term market is expected to usher in substantial demand growth.

Business Club data show that as the monthly gains championship, **** rose 13%, the current mainstream offer 1950 yuan / ton, but down 1.27% year on year. In this regard, the business community analyst Zhang Ming said that manufacturers stop overhaul, reduce the supply of the market, is the main factor in this round of sharp price increases. According to the data it has grasped, the current methanol and meth market continued to rebound, which has formed favorable support for the market. Under the influence of seasonal factors, the demand for downstream refrigerant R22 has been strong, which has helped the procurement. In the short term, the **** market has ushered in substantial growth in demand.

**** Related manufacturers include: San Ai Fu, Juhua, Luxi Chemicals. The revenue of the listed company’s Juhua’s refrigerant accounted for more than half of its fluorinated workers' income. The company’s insiders said that rising prices will directly increase the price of refrigerants.

Zhang Ming pointed out that from the perspective of recent price trends, the domestic chemical market has gradually emerged from the downturn. The most obvious sign is that the organic sector rebounded as a whole, and the inorganic sector, calcium carbide, and hydrogen peroxide also joined the rising camp due to the increase in downstream demand.

From an international perspective, the continued rebound in international oil prices has provided strong support. “In early July, international crude oil climbed to its highest point in 15 months, bringing strong cost support to petrochemical products and a certain recovery in market confidence. This led to a surge in the prices of most external organic products. Propylene, PX and other products were even lower due to lower operating rates in the industry. The arrival of port arrivals has skyrocketed. Secondly, the second large-scale purchases by downstream companies during the year have just started, injecting the most direct impetus into the chemical industry. Several factors jointly laid the foundation for the arrival of 'Jin 9 Silver 10'.”