The Chemical Industry Ushered In A Boom

Because during the first half of the double impact of outbreak and oil prices, weak demand at home and abroad in the industrial chain inventory at a higher level, companies are reducing capacity, take the initiative to reduce inventory levels, after the third quarter of the strength of the repair, the chemical industry the overall profitability of listed companies basic level back to the same period last year, focus tracking most chemicals have significantly lower inventory levels.

With further improvement in demand at home and abroad, and some of the industry overseas orders back obviously, the industrial chain actively increase inventories will strengthen obviously, recently many chemical prices rise continuously, mainly concentrated in the resin, plastic, polyurethane, styrene, propylene oxide, titanium dioxide, soda ash, etc), the industry is expected to be so, quantity and price for stage in booming upward.