To improve the supply side contraction, the pattern of supply and demand, the product cycle ushered in the boom period

To improve the supply side contraction, the pattern of supply and demand, the product cycle ushered in the boom period

The chemical industry dynamic price earnings ratio of PE was 44.43, still higher than the industry average of 26.90 to ten years, from the sub sectors, focusing on modified plastics, glass fiber, fertilizer and other industry valuations are low, and less than the industry average, soda ash, glyphosate industry affected the supply side reforms, operating rates rise, supply and demand structure improve the price, pick up, at the same time, urea, silicone rubber supply shortage, low inventory, demand recovery, industry boom.

Breaking times, new materials led industrial upgrading

The chemical industry will usher in the third inventory cycle – from local to breaking, breaking the stage of industrial pattern changes, emerging demand rise, led by fine environmental protection. Three materials will burst, OLED with its flexible crimp become the main display materials to replace LCD, the upstream industry chain intermediates and membrane materials will become the main development opportunity in our country.