overall, this wave of rising prices of chemical products is rising costs and environmental pressures, macro-control and the fluctuation of the international market due to passive rise.

“Price boom is sweeping the industrial upstream and downstream industries, from the beginning of the year, coal, iron ore and other raw material prices soared, a few months after the transfer to the entire industry. The beginning of the second half, chemical products prices rose overall trend.

According to the National Bureau of statistics, November 21, 2016 -30, circulation of important production of chemical products, caustic soda, methanol, benzene, styrene, polyethylene, polypropylene, PVC, butadiene rubber and polyester filament and other 9 kinds of chemical products prices compared with the same period last year showed a significant rising trend, which rose to the highest is butadiene rubber, compared with the same period last year rose more than doubled; the lowest is polyethylene, also reached an increase of 12.03%.

The price of this wave of chemical products also directly promote the improvement of the overall profitability of the industry. From the beginning, chemical raw materials and chemical products manufacturing main business revenue growth showed a tendency to expand, 1-10 month cumulative year-on-year growth rate reached 4.6%, the highest this year, 2.3 percentage points more than the annual growth last year. Total profit growth has also increased over last year, in March reached a peak of 20.8%, since the second half of the year have also maintained steady growth at around 13%.

In twenty-first Century the Institute of Economic Research of the first three quarters of Wind released 198 chemical industry of the profitability of listed companies, found that the enterprise is really business conditions to improve the phenomenon. Compared with the same period last year, the third quarter of this year the number of enterprises to reduce the number of 14; net profit and operating income attributable to shareholders of the parent company to achieve growth of enterprises to increase 43; revenue growth and profit growth rate also significantly expanded.

But with this synchronization is the industry profit differentiation serious losses of loss making enterprises to expand. The largest decline in third quarter profits reached -92303%, 22 times last year the biggest decline.

Show that the industry profit differentiation situation, sustained high cost has made some enterprises difficult to load. In the current round of price surge, as the chemical industry in two by blocking the cost of raw materials prices, the downstream demand side downturn, this price is more of a passive price.

Several major factors pushing up the cost of chemical industry