Chemical Fiber Prices Are Still Rising Rapidly.

2010/11/17 13:42:00 47

Chemical plate

(Shen Wan classification) index week rose 2.4 percentage points, higher than the same period in Shanghai (0.6), Shanghai and Shenzhen 300 (-0.3) and Shenzhen index (0.6).

Sub plate aspect

Chemical fibre and soda ash

Better performance.

We made clear the chemical fiber and soda ash in the previous period.

Transactional

Opportunity, after last week's observation, chemical fiber and soda ash chlor alkali plate performed well, in line with our expectations.

What we need to hint now is that there is a sign of the turning point of soda price, and the price of the industry has not continued to rise.

Chemical fiber prices continue to rise, last week the price of spandex rose 1000 yuan / ton, we make timely hints, short-term internal chemical sector still has a trading opportunity.

Last Friday, the stock index plunged sharply and broke the short-term average, while the short line also had some short kinetic energy. However, the intensive trading area at the 2900 point -2950 point had strong support for the stock index. Due to the abundant domestic liquidity and stable economic growth, the medium-term favorable pattern did not reverse.

The small cap stocks of chemical industry rose rapidly in the early stage, and the risk of adjustment increased.