The chemical industry research report released on June 27 pointed out that the industry maintains a "recommended" rating. The report believes that it will continue to focus on salt Lake Potash (potash fertilizer), Sanyou Chemical (Soda Ash), Hualu Hengsheng (nitrogen fertilizer), Hubei Yihua (nitrogen, phosphate fertilizer), and Yantai Wanhua (MDI ), Novo letter (pesticides), Tongkun shares (polyester filaments) and so on.
The report pointed out that due to the continuous correction of crude oil prices, the cost pressure on chemicals has eased. Except that chemical fertilizers continued to be strong due to the demand season and overseas markets, the remaining chemical products were generally weak due to weak demand. Last week, the prices of chemical products generally fell more and less.
The report pointed out that the sub-sectors concerned about the follow-up effect of urea's implementation of off-season export tariffs (executed from July) and the price trend of international potash fertilizer prices in the third quarter. Due to strong expectations for power cuts in the summer in the eastern region, production capacity in the high-energy-consuming industries and integrated industries in the region are of concern.
The report pointed out that due to the continuous correction of crude oil prices, the cost pressure on chemicals has eased. Except that chemical fertilizers continued to be strong due to the demand season and overseas markets, the remaining chemical products were generally weak due to weak demand. Last week, the prices of chemical products generally fell more and less.
The report pointed out that the sub-sectors concerned about the follow-up effect of urea's implementation of off-season export tariffs (executed from July) and the price trend of international potash fertilizer prices in the third quarter. Due to strong expectations for power cuts in the summer in the eastern region, production capacity in the high-energy-consuming industries and integrated industries in the region are of concern.
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