Pre Stocking Demand Increased By &Nbsp; Chemical Textile Market Is Now Recovering.

Recently, markets for chemicals, energy, textiles and other commodities have finally stopped.

The 100 commodity prices monitored by the business community showed a narrow arrangement and a mixed pattern.

Chemical industry,

According to the business data, 75% of the chemical varieties have been rising in recent years, and some of them are bottoming out.

Among them, pure benzene, urea and ethylene glycol rose in the forefront, with weekly gains of 2.59%, 2.33% and 1.55% respectively.

Securities Times reporter learned that the downstream dealers started stocking a year ago, which is the price of chemical market.

Again, the "limited production and insurance" behavior of many products in the early stage is also an important factor leading to market warming and overall price rise.

In the pure benzene, urea, polymerization MDI and other industries in a sharp decline in the operating rate, supply and demand tensions after the price increase behavior has been gradually accepted downstream.

In addition, the price of some chemical products is rising, and there are also factors affecting the external market.

For example, ethylene glycol is the price rebounded under the influence of high priced imports. Titanium dioxide prices are the combined effect of rising international prices and leading efforts to raise prices.

Zhang Ming, head of the business branch of chemical industry branch, believes that the recent return of international crude oil prices has come to a new balance with the downstream petrochemical products. Under the influence of the global liquidity release, the bulk chemical commodities have a high desire to get rid of the early fall, but the demand for the terminal is not enough.

In addition to the rebound in the chemical market, the textile market has also recovered recently, including polyester POY, PTA and other varieties all rebounded.

The overall supply and demand of the chemical fiber industry has been improved in the early stages of the production of some varieties.

More typically, the PTA industry's limited production plan in November has played a significant role in boosting downstream demand.

In addition, because of the rigid stocking requirements of the terminal weaving enterprises, the market of polyester filament has also moved from a stable to a full rebound.

Take business data as an example, polyester POY has risen by 2.58% a week.

Shi Yingfeng, senior analyst at Zhuo Chuang information PTA, told reporters that the sales of chemical fiber products in the early December have rebounded, and the high storage of polyester products has been digested many times.

However, whether the chemical fiber market will continue to warm up, Zheng Junlin, Secretary General of China Chemical Fiber Association, is cautious.

He told the Securities Times reporter that the majority of chemical fiber enterprises are still in a small profit or deficit state in the current price range, and the chemical fiber market is getting warmer in the near future.