MARKET INFORMATION 20220808

The shutdown maintenance at the supply end continues, the overall operation rate of the industry is at a low level, and the upstream willingness to take orders is weak. Export demand orders continue to be delivered, making the supply of some low-inventory products tight; The domestic market just need to supplement the main, in the market planning stage, wait and see atmosphere thick; In the future, inventory and cost will still dominate the market. The upstream and downstream need to do a good job of inventory and plan management in combination with the market, waiting for the volume of transactions brought by the start of a new round of stock preparation cycle.

Into the off-season, the terminal replenishment based on demand. However, due to the high level of raw materials and the impact of the epidemic, the adverse impact on supply gradually appeared. In the summer season of high temperature, manufacturers were forced to reduce the operating rate and their willingness to accept orders decreased. Export demand remains healthy and overall inventories remain low. With the increase of terminal stocking intention, it is expected that the upstream and downstream game will continue and the volume will increase. In the future, inventory and cost will still dominate the market.