More than 40% of chemical prices fell in May

In May, the chemical market continued to bottom. According to relevant data, 44.1% of chemical products prices fell, 39.7% of product prices held steady, and only 16.2% of product prices rose.

Analyst Zhang Ming believes that the current major problem in the chemical market is insufficient demand. Some products will gradually enter the export concentration period in the next two months. The chemical market is expected to stop sliding at the end of June and beginning of July, and it will rebound for the third quarter. Saving power.

The data show that after the chemical industry index broke the bottom of 2012 in early May, it further fell to 921 points on May 30. The products with the most recent declines included ammonium sulfate, **, n-butanol, crude, coking benzene, and sin. Alcohol, DOP, pure benzene, urea, etc. However, products such as **, **, **, phenol, styrene, glyphosate, etc. are sticking to the rising camp for two consecutive months.

In some industries, due to the increase in shutdown and overhaul, the industry's operating rate has decreased, market supply has decreased, and the price trend has been relatively satisfactory. Devices such as propylene oxide and styrene will enter the maintenance season in May. The role of cost promotion is obvious in individual industrial chains. For example, the increase in price of epichlorohydrin this month is mainly due to the upward trend in prices of raw materials** and propylene, and the need for manufacturers to pass on cost pressures is more urgent.