** Market surges

Under the encouragement of the collective prices of traders and manufacturers, domestic prices have continued to increase this week, and they have gone out of the shadow of even more than three months. The Shanghai Daily reporter learned from industry agencies yesterday that the transaction price in several regions has climbed since the beginning of this week. The average price of domestic particle ** prices this week was RMB 832/ton, which was close to 2%.

According to the reporter’s understanding, Sinopec’s refineries have raised their listing prices. Traders have been operating at a near-loser price and have actively joined the price team to start building positions. The mindset of traders is to sell their goods in a reluctant manner, holding their stocks to go up, and speculators lowering their prices to the market to purchase stocks.

In addition, the recent reduction in imports to Hong Kong has also caused prices to fall. Zhongyu information analyst pointed out that the recent increase in port ** has been rapid, with an increase of around RMB 100/ton. With the dual role of traders’ market players and speculators selling goods, the current port inventory consumption has been accelerated. In addition, the recent shipping schedule is relatively small, which has also caused a rapid decline in the number of ** arrivals in Hong Kong.

“From the price point of view, from the low of March 10th, the current price of 832 yuan per ton rose by nearly 2%, still falling by nearly 50% from the price of the same period. In the case of recovery of purchasing will, the cumulative decline in the previous period is also A major factor that contributed to the short-term strength of the economy.” Zhou Wei told this reporter that “all parties have entered the market and the bottom of the market has been expected to rebound. It is also expected that the magnitude of the latter period will continue to climb.”

Institutional sources further pointed out that although domestic listed companies mostly use ** as a by-product, when prices fluctuate, the performance of many companies is more flexible. Among the listed companies, the main business of Red Star Development (600,367 shares) includes barium carbonate, barium carbonate, and cesium, which are by-products of barium carbonate and barium carbonate production. The ** price that fell all the way this year is also directly reflected in the company’s semiannual report. Red Star Development announced on the 8th semi-annual report: basic earnings per share -0.09 yuan. With the recent stabilizing prices, the ** as a by-product will also be a contributor to the company's net profit income. Red Star development will naturally become a beneficiary of rising product prices.