November domestic chemical market will also slow down

During the period from October 22 to October 28, 2012, a total of 20 kinds of 68 kinds of chemicals were monitored and the price rose by about 30%. The top 3 products for the increase were silicone DMC (6.21%), acrylic acid (3.75%), and ** (2.13%). There were a total of 29 kinds of declines in the price chain, with the top three commodities being cryolite (-6.98%), polymeric MDI (-4.44%), and epichlorohydrin (-3.38%).

From the perspective of market characteristics, the negative cost-conduction effect has increased, and epichlorohydrin has shown a downward trend following the downward price of upstream propylene. Changes in downstream demand played an important role. The rise in silicone DMCs was mainly driven by the downstream, while cryolite was accelerated due to weak demand.

Business community analyst Zhang Ming believes that the domestic chemical market "silver ten" at the end is unsatisfactory, the market trading atmosphere gradually weakened, many products will be from the previous seller's market to the seller's market, but relative to the international market, the domestic economic environment still has advantages . Some domestic leading chemical companies will invest capital to expand production scale or invest horizontally in other industries to ensure their own leading position and reduce operational risks. Small and medium-sized manufacturing enterprises and distributors mainly choose to digest stocks and protect funds. It is expected that as the follow-up stocking boom starts successively, the domestic chemical market will slow down in November.