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    Home > Chemicals Industry > China Chemical > The three giants of phosphorus chemical industry made 8.8 billion yuan in the first half of the year

    The three giants of phosphorus chemical industry made 8.8 billion yuan in the first half of the year

    • Last Update: 2022-09-06
    • Source: Internet
    • Author: User
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    Driven by the demand from industries such as agriculture and new energy, since the beginning of this year, the prosperity of the phosphorus chemical industry chain has continued to be high


    The sharp rise in the price of phosphorus chemical products is one of the main driving forces for the rapid increase in the performance of phosphorus chemical enterprises


    In the first half of the year, Yuntianhua achieved operating income of 36.


    Yuntianhua said that the strong growth in operating performance in the first half of the year was mainly due to the optimization of its own industrial chain layout, the improvement of the prosperity of its main products, and the acceleration of industrial transformation and upgrading


    In the first half of the year, Xingfa Group achieved an operating income of 17.


    In this regard, Xingfa Group stated that in the first half of 2022, benefiting from the improvement of the traditional agrochemical market and the rapid development of emerging industries such as food processing, carbon fiber, and integrated circuits, the company's phosphate rock, glyphosate, food additives, dimethyl phosphate The market demand for products such as base sulfoxide and wet electronic chemicals is strong, and the product profitability is strong


    In the first half of the year, Hubei Yihua achieved operating income of 11.


    "In the first half of the year, the prices of the company's leading products increased significantly year-on-year, and the prices of chemical fertilizer products such as urea and diammonium phosphate and chemical products such as PVC and caustic soda continued to run at high levels


    Affected by the cyclical nature of the chemical industry, phosphorus chemical companies are generally vigilant against the price fluctuations of chemical products and the risk of rising raw materials


    Xingfa Group said that the market prices of some of the company's products are susceptible to changes in industry policies, market supply and demand, and other factors, and show relatively large fluctuations, posing certain challenges to the company's operation and management


    Hubei Yihua believes that the basic chemical and fertilizer industry in which the company operates is cyclical


    Yuntianhua also believes that in 2022, the impact of the epidemic will continue, the international situation will be turbulent, and uncertainties in the international market will increase




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