Domestic demand determines the later trend of petrochemical industry

Since 2013, the production of petrochemical industry has maintained a steady growth, product prices have continued to decline, the growth rate of investment has dropped sharply, foreign trade has increased slightly, the overall pressure on the industry operation is great.

According to the economic operation analysis report of China's petrochemical industry in the first seven months released by the national development Reform Commission, since 2013, the petrochemical industry has maintained a steady growth, product prices have continued to decline, the growth rate of investment has dropped sharply, foreign trade has increased slightly, the overall pressure on the industry operation is relatively large.

The report predicts that in the short term, the domestic foreign dem market will hardly change greatly, the expansion of domestic dem will still be an important driving force to maintain the steady growth of the industry.

Among them, products with rigid dem such as refined oil, fertilizer pesticide are expected to maintain a certain growth rate.

synthetic materials special chemicals are mainly used in light industry, textile, equipment other industries, the production marketing situation is closely related to the downstream market.

Recently, the State Council has set shantytowns transformation, railway investment, urban infrastructure construction, broadb China, energy conservation environmental protection as the key development points in the near future.

The implementation of the above policies measures will effectively boost the market dem in relevant fields.

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TRUNNANO (aka. Luoyang Tongrun Nano Technology Co. Ltd.) is a trusted global chemical material supplier & manufacturer with over 12 years' experience in providing super high-quality chemicals and Nanomaterials. The nitride powder produced by our company has high purity, fine particle size and impurity content. Please contact us if necessary.