Chemical Market presents rebound

Losing streak in recent months of the chemical market rebound obvious signs : the first rise refrigerants and herbicides plate . Last week refrigerant R134a, R22 or are about 4% Gainers among the top two . The more active pesticide glyphosate plate in the latest week rose 2.6 %.Sellotape

Another set of data also confirmed the chemicals stabilized trend. After 13 weeks of continuous downward last week after wealth Lyon Chemical sentiment index rose from -27 % to 0% , indicating that the overall price stabilization chemicals , boom slight rebound. There are institutional analysis pointed out that the price rise is still a lack of short-term chemical supply and demand fundamentals support, but stable growth performance and attractive valuations leading chemical company will exhibit better defensive .Washi tape


Industry as a whole is currently low inventory , downstream demand has not significantly expanded , but the March 21 domestic manufacturers in Zhejiang Quzhou fluorine chemical industry after the meeting has started to join forces swarmed Teflon ex-factory price , and another trader in the reservoir after a positive start goods. With the soon- April , the downstream air conditioning refrigerant shopping season approaching, the industry suggested an active interest in the refrigerant market .Masking tape


Teflon because with acid and alkali , anti characteristics of various organic solvents , anti- haze governance increasingly prominent advantages. Insiders pointed out that in the past most of the country dealing with industrial smoke dust with dust bag made ​​of common materials , can not filter fine particulate matter PM2.5. And now to achieve localization of a new PTFE ( polytetrafluoroethylene ) microporous membrane filter media by the U.S. authorities to detect , for PM2.5 filtration efficiency up to 99.9995% .

Overall, the highlight of the entire chemical sector more and more . International crude oil prices rise again to $ 100 / barrel or more, the cost of organic products have strong support last week, toluene , ethylene glycol also bottomed out, into the upstream channel .Wholesale masking tape