Chemical market is expected to rebound in the third quarter

According to statistics from Business Club on July 3rd, among the 68 chemical products monitored, prices rose by 17 in the first half of the year, accounting for 25% of the monitored products. Business community analyst Zhang Ming said that at the beginning of July there was a sign of a sharp rebound in international crude oil, and it is expected that the domestic chemical market will effectively benefit from the stimulation of exports and the arrival of the traditional peak season in the third quarter.

Data show that the top five gainers are: pure MDI, a half-year increase of 35.22%; polymerization MDI, a half-year increase of 17.65%; TDI, a half-year increase of 14.88%; phosphate rock, a half-year increase of 14.13%; **, half The annual increase was 13.53%. 51 products fell, accounting for 75% of the monitoring varieties, the top five declines are: **, a half-year decline of 40%; ****, a half-year decline of 36.27%; HFC-22, a half-year decline of 30.87%; Fluoropropene, half-year decline of 25%; HFC-134a, a half-year decline of 24.56%.

In the first half of the year, the domestic chemical market showed a strong, weak, and gradual downturn. The international crude oil fluctuates greatly, and the petrochemical market is greatly affected. Since the second quarter, downstream products such as **, **, toluene, xylene, and phenol have been adversely affected by their cost support, and they have shown a general negative trend. Downstream demand in the market gradually shrinks, which restricts the normal operation of most industrial chains. Under this situation, the impact of fluctuations in international market conditions has increased domestic influence. From 1-6 months, the external disk of acetic acid, ethylene glycol, methanol, and titanium dioxide fluctuate drastically, all of which have a strong impact on prices in the domestic market.

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