Options were linkage rebound chemical group
Since this week, commodity market booming, disk surface chemical varieties again. Strong alcohol zheng 1506 contracts harden on Tuesday (3.24) to 2435 yuan/ton, plastic 1509 contract rose 3.57% to 9565 yuan/ton, asphalt 1506 contracts, PTA1505 contracts are up more than 2%, rubber 1509, PP1505 rose by more than 1%.
For the cause of the recent strong chemicals, treasure city futures financial research institute assistant Cheng Xiaoyong think there are mainly four: "it is started from the lows of crude oil, cost drivers often play an important role in chemical plate; 2 it is part of the production equipment maintenance, this is mainly embodied in the markets such as methanol, plastics and PP, device maintenance result in tight spot supply expected; 3 it is seasonal consumption season, making it part of the downstream procurement recovery; four macro environment is relatively good, especially the liquidity is relatively abundant, cause the entire goods relatively strong."
From the point of overall environment, the recent dollar callback in non-ferrous metals, precious metals and oil and other commodities rose, boosted confidence in the market. From the industry level, the peak season hype effect for this rally chemicals have also played a part. "Neither the methanol, such as plastic or PVC downstream business inventories are low, into the downstream consumption gradually recovered in March inventory demand." Hualian futures researcher xiao-qin sun said.