-
Categories
-
Pharmaceutical Intermediates
-
Active Pharmaceutical Ingredients
-
Food Additives
- Industrial Coatings
- Agrochemicals
- Dyes and Pigments
- Surfactant
- Flavors and Fragrances
- Chemical Reagents
- Catalyst and Auxiliary
- Natural Products
- Inorganic Chemistry
-
Organic Chemistry
-
Biochemical Engineering
- Analytical Chemistry
-
Cosmetic Ingredient
- Water Treatment Chemical
-
Pharmaceutical Intermediates
Promotion
ECHEMI Mall
Wholesale
Weekly Price
Exhibition
News
-
Trade Service
During the long Chinese New Year holiday, not only the external stock markets rose sharply, but the performance of bulk commodities was particularly outstanding.
The reporter noticed that as of the close of trading on the 16th, the price of light crude oil futures for March delivery on the New York Mercantile Exchange closed at US$60.
Yang An, head of Haitong Futures Energy and Chemicals, believes that the additional 1 million barrels per day cut in Saudi Arabia on the supply side will make the market supply tight; vaccine promotion will help demand recovery; at the macro level, the Biden government’s $1.
CICC believes that the rise in international oil prices is also related to some positive expectations on the supply side, such as OPEC's production cut expectations and the cold weather in the United States.
In addition, during the Spring Festival, Lun Copper prices continued to strengthen, once standing above the $8,400/ton mark, setting a high since 2013.
[Copyright and Disclaimer] All copyrighted works belonging to this website must be authorized when reprinting and indicate the source "China Industrial Economic Information Network".
Further reading
