Market differentiation of domestic chemical product prices

2017-10-24 20:43:13 admin 7

Recently, the price of chemical products has been mixed. According to relevant statistics data show that last week, two acetic acid, methanol, ether, glyphosate, phosphate, diammonium phosphate, PTA, spandex 40D and other chemical products prices increase to some extent; while the polyester staple fiber, polyester FDY, POY, DTY, polyester polyester polyester and natural rubber, polybutadiene rubber, styrene butadiene rubber TDI, heavy soda and other chemical products prices began to callback.

Chang Yizhi, a consultant in the field of chemical industry, believes that the price of chemical products has been rising sharply for several months due to the global excess liquidity and the impact of domestic energy conservation and emission reduction and the supply and demand of the market. Recently, most of the chemical products price callback is mainly affected by the domestic and foreign monetary policy.

Chang pointed out that in recent years, due to the speculation of European debt problems, crude oil prices fell a certain extent, which limits the continued rise of chemical products prices. China recently in order to curb domestic skyrocketing price of agricultural products [19.971.37%] monetary policy taken to raise the deposit reserve rate moderately tight, also weighed on liquidity in a certain extent, the chemical products prices callback.

According to the statistical data of the investment adviser industry research center shows that in order to deal with the rising prices of agricultural products and domestic inflation is expected to increase, the people's Bank of China in just ten days, has raised the reserve ratio two times. Thus, China's monetary policy is gradually changing from moderate easing to moderate austerity.

Zhang Yanlin, director of investment consultancy research, pointed out that China's moderately tightening monetary policy restricts the continued upward price of chemical products. From the current price changes, it is expected that the future price trend of chemical products will begin to differentiate. For example, the price of chemical products with high production or low consumption season will decline, while prices of some chemical products which are less productive and in the peak season of consumption will remain high.