1 Worldwide Market Volume andDevelopment Trends of thePetrochemical Industry(1)Periodicity and FluctuationThe petrochemical industry has a typi-cal periodicity that is shaped prima-rily by supply and demand on onehand...1 Worldwide Market Volume andDevelopment Trends of thePetrochemical Industry(1)Periodicity and FluctuationThe petrochemical industry has a typi-cal periodicity that is shaped prima-rily by supply and demand on onehand and on the other hand by newlyadded capacity being put intoproduction,operating rate and otheruncertainty factors.It generally goesthrough a cycle every 7-9 years,frompeak to trough and then back to thetop.Product price,gross productionprofit and operating rate are the ma-jor signals of cycle changes.展开更多
文摘1 Worldwide Market Volume andDevelopment Trends of thePetrochemical Industry(1)Periodicity and FluctuationThe petrochemical industry has a typi-cal periodicity that is shaped prima-rily by supply and demand on onehand and on the other hand by newlyadded capacity being put intoproduction,operating rate and otheruncertainty factors.It generally goesthrough a cycle every 7-9 years,frompeak to trough and then back to thetop.Product price,gross productionprofit and operating rate are the ma-jor signals of cycle changes.
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