EPA fine chemical market changes from weak to strong and the prices rose ,there are mainly five reasons: First, EPA series of fine chemicals prices over a long period finishing at the bottom is more solid, significantly lower stocks in China's case, the price a rebound in demand; the second is triggered by the earthquake in Japan reduced exports of fine chemical products from overseas markets, reduced interference factors; Third, oil prices are high, prices are rising light of EPA, to a certain extent, an increase of production costs, manufacturers in the loss of the edge, slightly lift the price is also reasonable; four other chemical products are pre-all had a good performance in the effect of rate of exchange, the EPA series of fine chemical products prices compensatory growth requirements; Fifth EPA fine chemical production process complex, high-tech, Musk R-1 early in the value has not been truly reflected, have been underestimated phenomenon.
Although the prices of recent EPA series fine chemical products are high, will the market outlook still more upside? Objective, at least now EPA series fine chemical product prices continue to rise sharply the conditions are not ripe, not with the main fundamentals. A recent central bank again raised the deposit reserve ratio, the net capital return. This indicates that in the beginning of the end of January experienced a limited loose after a short period, inflation is still a very serious situation, and now at the beginning of a strong monetary tightening. Two from China's major economic indicators considerations, the Chinese gross domestic product (GDP) growth from last year's fourth quarter decreased, while the leading indicators have significant purchasing managers index (PMI) has decline in this year. These all show that the economic slowdown, high inflation, is still in the context of state regulation, the price of most products is difficult to raise substantially. Three places now in terms of chemical characteristics of the operation of the market, prices go up and down, when the EPA series of fine chemical product prices, most chemical products, such as synthetic resins, lead citrate, terephthalic acid, ethylene glycol, diethyl idol, polyester prices actually was falling trend, which will EPA series of fine chemical products prices a certain extent.
Although it is still possible for the market to run up, the price of fine chemical products is difficult to continuous rise. Industry in China this year to strengthen the four binding emission reduction targets, the global commodity futures prospects are not optimistic, particularly in the policy to increase the case-control efforts, the EPA series of isoprene and other fine chemical products prices rate not to have too high expectations.Sourcehttp://www.mhcfm.com