Analysis of chemical industry chain can be found, the crude oil is the most important chemical energy sources of raw materials, petrochemical industry production line, involving a wide range, many products in the domestic commodity futures market, crude oil futures and related chemicals, there are several PTA, PP, LLDPE, methanol, asphalt, rubber etc..

Some analysts believe that because crude oil is not directly prepared for chemical futures, often need to go through multiple links to refine PP, LLDPE, methanol and other chemical species, which indirectly limits the price of crude oil to lead chemicals prices; the layers of transmission, performance in chemicals prices is more obvious. Lag.

In addition, the effects of fluctuations in crude oil chemicals often disk trend in the short term, but in the long run, to play a decisive role on the price, is still the fundamental factors. According to historical experience, when the domestic chemicals futures appeared independent of the trend, crude oil prices are often in a state of shock, in turn, is the crude oil price shocks during the chemical price weakening lead.

A new era of chemical futures analyst Luo Zhen said that although the recent crude oil in a short-term pullback, but due to the previous informal session of the OPEC production, November will be the formal meeting is expected to reach OPEC, cut the details at the meeting. Therefore, the market expected crude oil prices will not be a big adjustment.