International crude oil futures shocks before chemicals why contrarian brave

daily last week, crude oil continuous callback, currently down to below $50. The downturn of the crude oil, the domestic chemical market was taylor.

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Closed Monday, chemical futures, methanol, PVC and PP of three varieties of strong limit. At the close, methanol, PVC and PP respectively, the futures contract reported 2477 yuan / ton, 7380 yuan / ton, 8733 yuan / ton.

Analysts pointed out that the OPEC involved in the production of uncertainty, international oil prices closed last week at $50, a record six weeks to the biggest weekly decline, but still at a relatively high level, still can give the cost of supporting domestic chemicals.

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