The 2022 Winter Olympics will be held in Beijing from the beginning of February, the Chinese government in order to achieve the Winter Olympics blue sky plan, once again for the heavy industry in cities around Beijing, to take measures such as shutting down, power, production restrictions, some enterprises will be closed until March.
Legal persons expect that this wave of contraction will make the relevant petrochemical industry supply again tightening, especially with the coal chemical industry relatively close relationship PVC, CPL, benzene, EG and other need special attention, the quotation is expected to support or market re-up, can pay attention to the follow-up performance of the relevant manufacturers.
Winter Olympics stop policy, can pay attention to coal chemical-related petrochemical products
As the Winter Olympics in Beijing are held, the Chinese government, in order to maintain clean air and achieve carbon neutrality standards, has decided to implement double-control power restrictions and environmental restrictions on all heavy industrial enterprises in north China, Huaibei, West China and other heavily polluted areas from January 1, 2022. And the closure period is until March 8, 2022.
Legal person analysis, this wave of contraction will make the related petrochemical industry supply again tightened, especially with the coal chemical relatively close relationship PVC, benzene, CPL, EG, etc. need special attention, the quotation is expected to support or market re-start.
