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1/3 Commodities Took The Roller Coaster In The First Three Quarters.

2011/10/18 11:13:00 18

October 10th, net prosperous business treasure bulk. commodity The data platform released the list of commodity prices in the third quarter of 2011. The list shows that 1/3 of the commodities in the first three quarters of this year. product The price took a roller coaster ride. Concentrated on energy, Spin 3 major industries in chemical industry. Rubber, plastic, nonferrous metals and iron and steel industries also showed some roller coaster trend.


Monitoring data show that: 8 kinds of energy monitoring products, there are 4 kinds of commodity prices are "roller coaster", namely: methanol gasoline, gasoline, diesel oil, coking coal.


According to the monitoring results of the chemical industry branch, 4 kinds of commodities in the 8 commodities have taken the roller coaster for the first three quarters. They are caustic soda, acetic acid, pure benzene and ethylene glycol.


In the 6 commodities monitored by the textile branch, 4 kinds of commodity prices were "roller coaster", namely: polyester POY, cotton yarn, lint and cocoon silk.


For the fourth quarter market, Liu Xintian, a business analyst, believes that although the negative factors still exist, some commodities' overshoot rebound will encourage market speculation. In addition, October should be a relatively concentrated release period of demand before the year. In late October, the commodity market is now in short supply.

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