The prices of key chemical products have risen significantly, the chemical sector has been repeatedly active, and the coal chemical direction leads the rise

On March 30th, the chemical sector was active, with coal chemical and pesticide directions leading the gains, and LZCIC hitting the daily limit. Key chemical product prices rose significantly, with methanol prices increasing by about 38.9% compared to the end of February, and bromine rising by over 50%. The PTA market price rose by 160 to 6730 on March 27th due to rising costs. The phenol market price reached a new high, and the market outlook for April is optimistic. Bank of China Securities forecasts that by 2026, industry expansion will be nearing its end, and traditional chemical leaders are expected to see performance improvements. In the short term, attention should be paid to the impact of geopolitical conflicts on crude oil and petrochemical products