1/3 Commodities Took The Roller Coaster In The First Three Quarters.
October 10th, net prosperous business treasure bulk. commodity The data platform released the list of commodity prices in the third quarter of 2011. The list shows that 1/3 of the commodities in the first three quarters of this year. product The price took a roller coaster ride. Concentrated on energy, Spin 3 major industries in chemical industry. Rubber, plastic, nonferrous metals and iron and steel industries also showed some roller coaster trend.
Monitoring data show that: 8 kinds of energy monitoring products, there are 4 kinds of commodity prices are "roller coaster", namely: methanol gasoline, gasoline, diesel oil, coking coal.
According to the monitoring results of the chemical industry branch, 4 kinds of commodities in the 8 commodities have taken the roller coaster for the first three quarters. They are caustic soda, acetic acid, pure benzene and ethylene glycol.
In the 6 commodities monitored by the textile branch, 4 kinds of commodity prices were "roller coaster", namely: polyester POY, cotton yarn, lint and cocoon silk.
For the fourth quarter market, Liu Xintian, a business analyst, believes that although the negative factors still exist, some commodities' overshoot rebound will encourage market speculation. In addition, October should be a relatively concentrated release period of demand before the year. In late October, the commodity market is now in short supply.
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