According to the CITIC Construction Investment Research Report, profits in the chemical industry have risen from the bottom, but the valuation level is limited by oil prices and is still at a low point. The current domestic and foreign chemical production cycle resonance conditions have been met. Once the inventory cycle starts, the supply of chemicals will be tight. The nature of China's chemical work as a core asset is underestimated by the market. Asia, Africa, and Latin America entering a period of accelerated urbanization and industrialization is expected to drive the industrial product gap and help reprice China's chemical core assets.
Zhitongcaijing · 1d ago
Share
Listen to the news
According to the CITIC Construction Investment Research Report, profits in the chemical industry have risen from the bottom, but the valuation level is limited by oil prices and is still at a low point. The current domestic and foreign chemical production cycle resonance conditions have been met. Once the inventory cycle starts, the supply of chemicals will be tight. The nature of China's chemical work as a core asset is underestimated by the market. Asia, Africa, and Latin America entering a period of accelerated urbanization and industrialization is expected to drive the industrial product gap and help reprice China's chemical core assets.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending