一. Overview of the chemical industry

The trend of price rising in chemical industry is still continuing.  Under the continuous high prosperity of new energy, the shortage of upstream chemical raw materials is still difficult to improve in short term, and the price rise will also promote the performance of listed companies in this field to continue to grow substantially.  

二.Analysis of chemical market quarterly reports

The latest three quarterly reports show that 32 chemical stocks in the two cities have submitted the first three quarters of this year's "report card", among which 31 companies reported profit during the period,25 posted year-over-year growth during these profitable companies.After the industry's overall net profit in the first half year increased 210.18%，the latest three quarterly reports show that the performance of chemical stocks is expected to appear again universal year-on-year growth or expected growth. From the growth rate, 5 companies like Do-Fluoride, Chengzhi Shareholding, Zangge Mining, Hi-Tech Group, and Hebang biological are significantly stronger, the net profit of the three quarterly reports increased by more than 10 times compared with the same period last year.

三. Chemical market is likely to turn better

Due to the influence of dual carbon and energy consumption control, the new production capacity of chemical products is far from being achieved, and the gap between supply and demand still exists. In the short term, the price is not likely to fall sharply, but will continue to fluctuate at a high level for a long time, which is very beneficial to the performance of relevant companies and the high prosperity of the industry will be sustained.  Under the background of dual control of energy consumption, the supply-side contraction brought by production and power restriction promoted the sharp rise of chemical prices. Superimposed on the continuous recovery of downstream demand, the performance of the chemical industry in the third quarter can be continued to be optimistic.