Chemical stocks rose sharply in the futures market

发表时间：2020-7-28 17:42:37   浏览：次

The reporter of the daily economic news noted that, In the stock market on Monday (April 8), the chemical sector did rise, and dozens of chemical stocks rose by the limit. However, it should be noted that although the chemical stocks rose sharply, in today's futures market, although the chemical products also rose, they did not rise as much as the stock market. Can the chemical products in the subsequent market continue to remain strong?




Dozens of chemical stocks rose




After the fermentation of the relevant news of the chemical sector over the weekend, dozens of chemical stocks either opened the straight board limit or the intraday limit, making the chemical sector the leading sector today. It is worth noting that Zhejiang Longsheng, the leading stock in the recent market, also continued to rise by the limit.




In the face of the popularity of chemical stocks in the stock market, the market in the futures market is relatively low-key. Among the main contracts of major chemical raw material products, only pta1905 touched the daily limit, but then the price fell, rising only 2.08% in today's daytime trading. Some other major chemical product contracts pp1909, pta1909 and pvc1909 increased by 3.38%, 2.61% and 2.54% respectively. For the performance of the futures market today, Dongzheng futures believes that chemical accidents occur frequently, and the emotional drive is greater than the actual impact.




For the chemical stocks in the stock market, Shen Wan Hongyuan said that the accident in the park in Northern Jiangsu has brought great safety rectification and has a great impact on the supply of fine chemicals. The park is mainly composed of fine chemical enterprises such as dyes, pesticides, pigments and intermediates, which has a great impact on the supply side of relevant fields, and proposed the super distribution chemical sector.




However, the reporter of the daily economic news noted that the supply side reform of the chemical industry may be an important reason for the collective trading of chemical stocks. Southwest Securities pointed out that on April 1, the Jiangsu provincial government issued the improvement plan for the chemical industry in Jiangsu Province (Draft for comments), which may usher in a new round of supply side reform.




Chemical safety inspection has limited impact on PTA price




The safety accident has attracted extensive attention from the media and society, but the impact on some specific industries still needs to be seen objectively. For domestic listed chemical futures products, the impact is not too great.




Pang Chunyan, an analyst at SDIC Anxin futures, told the daily economic news that the news of the industry rectification caused by the explosion of Jiangsu chemical plant was widely spread, including the closure of Xiangshui chemical park and the transformation, upgrading and exit plan of Jiangsu chemical enterprises and chemical parks in the next five years. As a chemical product, PTA has a long upstream and downstream industrial chain, especially the downstream polyester and textile printing and dyeing are concentrated in Jiangsu, which is inevitably associated with the market. Downstream textile enterprises with scattered PTA industrial chain are far away from the concept of chemical plants, and may not be affected. Printing and dyeing plants may be affected to a certain extent because they are directly related to Xiangshui explosion plants. On the whole, the rectification of Jiangsu chemical market has little impact on PTA market. If the printing and dyeing and upstream dye industry strengthens the rectification, it may have a certain adverse impact on PTA consumption.