In September, the industrial added value of chemical raw materials and chemical products manufacturing industry increased by 21.4% year-on-year, and the growth rate reached a record high in two years. The cumulative increase from January to September was 10.50% year-on-year, which is also the highest increase since this year. Experts pointed out that since 2009, the economic boom of the downstream industry has driven the recovery of all sub-sectors of the chemical industry, and many chemical products have risen in price. In the fourth quarter, the development of the industry will remain stable, but the year-on-year will be significantly improved.
Since the beginning of this year, chemical downstream industries have recovered strongly. The dramatic increase in car sales has driven the demand for tires, carbon black, modified plastics and other chemical sub-sectors; the boom in the real estate market has led to increased investment, so that the demand for soda ash, silicones, and PVC has improved; the recovery of the textile industry has activated the upstream chemical fiber industry. In the industrial chain, the demand for chemicals such as dyes and auxiliaries has also greatly increased.
October is still the peak season for most industrial chemicals. From November to December, the construction activity in some northern regions slowed due to the weather, and the demand may decline seasonally. As a whole, industry demand remained stable in the fourth quarter compared to the same period of last year. As the fourth quarter of 2008 was a period of collapse in the demand for chemicals, inventory and price system, the industrial chemicals industry in the fourth quarter of this year will see a significant year-on-year improvement. The main driving factors for the improvement of the agrochemicals are the increase in prices of agricultural products and commodities. Domestic overcapacity and export obstruction have led to a drop in the prices of nitrogen fertilizer (urea) and phosphate fertilizer, which have basically bottomed out. However, the increase in the economy requires an increase in the prices of international agricultural products to drive up demand for fertilizers.
Since the beginning of this year, chemical downstream industries have recovered strongly. The dramatic increase in car sales has driven the demand for tires, carbon black, modified plastics and other chemical sub-sectors; the boom in the real estate market has led to increased investment, so that the demand for soda ash, silicones, and PVC has improved; the recovery of the textile industry has activated the upstream chemical fiber industry. In the industrial chain, the demand for chemicals such as dyes and auxiliaries has also greatly increased.
October is still the peak season for most industrial chemicals. From November to December, the construction activity in some northern regions slowed due to the weather, and the demand may decline seasonally. As a whole, industry demand remained stable in the fourth quarter compared to the same period of last year. As the fourth quarter of 2008 was a period of collapse in the demand for chemicals, inventory and price system, the industrial chemicals industry in the fourth quarter of this year will see a significant year-on-year improvement. The main driving factors for the improvement of the agrochemicals are the increase in prices of agricultural products and commodities. Domestic overcapacity and export obstruction have led to a drop in the prices of nitrogen fertilizer (urea) and phosphate fertilizer, which have basically bottomed out. However, the increase in the economy requires an increase in the prices of international agricultural products to drive up demand for fertilizers.
Equipment Gasket ,Stainless Steel Gaskets,Gasket For Various Equipment,Non-Standard Shims Of Various
Ningbo Metal Sharing Supply Chain Management Co., Ltd , https://www.sharescm.com