The chemical industry will reduce the price next year. It is understood that as of June this year, the the State Council executive meeting has been held 20 times, among which commodities have appeared four times. The "flameout" of the National Development and Reform Commission gave a "reassurance" to downstream multi-industry users, and at the same time conveyed the signal that some commodity prices may fall in the near future. At present, many ministries and commissions push the price to "stall", and some oligopolistic enterprises begin to "voice" to reduce product prices, and the overall market is on a downward trend. The high-priced "bubble" of these products began to "burst" gradually, and the prices showed a high diving trend. It can be speculated that this part of the falling chemicals basically belongs to the third category of "follow the trend" team, and the price is influenced by the industry trend more than the relationship between supply and demand.

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Price reduction of chemical products:

1. It is understood that recently, the relevant person in charge of the National Development and Reform Commission publicly stated that the prices of domestic chemical products have continued to rise recently, mainly due to short-term changes in supply and demand, abundant liquidity and speculation. At present, there is no overall and trend change at both ends of supply and demand of bulk commodities, and prices do not have the basis for long-term rise. As soon as this news came out, some domestic chemicals changed their previous upward trend and gradually entered the callback channel.

2. According to incomplete statistics, since April, the prices of dozens of raw materials have been adjusted back, ranging from100-2,000 yuan/ton, of which aniline has been lowered by 2,666.67 yuan/ton, and n-propanol has been lowered by 1800 yuan/ton, which is a sharp drop. According to industry insiders, in addition to sufficient supply and light downstream trading atmosphere, it is related to the stability and regulation of the prices of bulk industrial products.

3. Li Suoshan, deputy general manager of China Petrochemical and Chemical Sales Co., Ltd. said at the meeting that this year is the year when the country's "two hundred years" meet, and it is also the first year of the "Fourteenth Five-Year Plan". It is the main axis of the country's future economic development to build a new development pattern with domestic macro-cycle as the main body and domestic and international dual-cycle promoting each other. The new development pattern is closely related to all parts of the country. At the same time, it also needs the joint efforts of different institutions and organizations such as government, enterprises and associations to make the double cycle really move.

4. Dashang will promote the listing of ethylene glycol and styrene options in combination with the needs of petrochemical industry, and constantly improve the derivative product system of chemical industry chain; Deepen the construction of off-site variety circle, explore the standardized contract transaction of non-standard products of linear low density polyethylene and polypropylene on off-site platform, and provide more diversified risk management tools for the industry. In addition, Dashang will continue to optimize the rules and regulations, improve the quality of market operation, further meet the needs of the industry and improve market services.