In terms of building materials, industrial products, daily necessities, floor leather, floor tiles, artificial leather, pipes, wires and cables, packaging films, bottles, foaming materials, sealing materials, and fibers, PVC was the world`s largest production of general-purpose plastics, and its applications are very widely. Widely used in all aspects
PVC is a white powder with an amorphous structure. The degree of branching is relatively small. The relative density is about 1.4. The glass transition temperature is 77~90°C. It begins to decompose at about 170°C. It has poor stability to light and heat. After prolonged exposure to sunlight, it will decompose to produce hydrogen chloride, and further automatically catalyze the decomposition, causing discoloration, and the physical and mechanical properties also rapidly decline. In actual applications, stabilizers must be added to improve the stability of heat and light.
The production process of PVC Resin SG8 and PVC RESIN SG5 is basically the same, and the production equipment is exactly the same. The main difference lies in the formulation of additives, polymerization temperature, reaction pressure and so on. The reaction temperature and reaction pressure of SG-8 resin have basically reached the working pressure limit of the polymerizer. The reaction requirements are relatively strict, and the requirements on operation, safety, technology, and personnel quality are more stringent, and the resin quality is more difficult to control.
PVC RESIN SG8,Pvc Resin Sg8,Pvc Resin K58,Suspension Pvc Resin Henan Shunbang Chemical Industry CO.,Ltd , https://www.suspensionpvc.com
The reporter found that due to factors such as negative interest rates and high inflation, many banks had earlier launched "anti-inflation" products linked to commodities. For example, Bank of East Asia issued a "step-by-step 1" anti-inflation metal investment protection product, linked to commodities such as palladium, nickel, platinum, copper, etc.; Hang Seng Bank launched "Festival Winning Gold Linked to Capital Protected Investment Products" and "Sales "Commodity-linked capital preservation investment products"; Citibank launched a "linked China Index Funds and Commodities" RMB wealth management product with a one-year investment period. Under the premise of guaranteeing principal, the highest annualized yield is expected to be as high as 40%.
This part of the product is almost bullish on commodity markets. For example, the Bank of East Asia launched the selected crude oil investment themed capital preservation investment product on the 8th. The investment time limit is only 6 months, and the condition for higher return is the ratio of the maturity price of linked crude oil. The initial price rose between 15% and 30%. Nearly a month later, international oil prices are still in the same position.
More bank wealth management products are equipped with the recent “big hot†agricultural products. In this regard, several financial analysts told reporters that the reason why optimistic about agricultural products, mainly from the history of the commodity market, the rise of agricultural products, usually lagging behind the more sensitive to energy and metals. At the same time, with the rapid development of emerging markets, the consumption of agricultural products will increase substantially. In addition, bioenergy has also greatly increased the demand for agricultural products.
However, the recent trend of agricultural products apparently made professionals in the banking industry eyebrows. In the past week, the cotton-headed agricultural futures market continued to plummet, cotton contract fell more than 20%, sugar futures fell more than 15%, and rapeseed oil futures fell more than 10%.
Foreign bulk agricultural products trading market has not been spared. (23) The cotton futures of the American Intercontinental Exchange (ICE) fell, and sugar futures fell as much as 7.1%. CBOT soybean, soybean oil and corn futures also fell more than 3%. A report from Macquarie Bank pointed out that the current cotton price is much higher than the production cost, and the market exposure is higher; the current price level will cause the demand to be suppressed, and the cotton spinning factory will instead purchase artificial cotton yarn. Any fall may turn into a big drop.
Domestic analysts pointed out that on the 20th the State Council promulgated 16 measures to stabilize prices, which specifically mentioned the need to strengthen supervision of agricultural product futures and electronic trading markets. At the same time, following the SAFE's rigorous investigation of “hot money†and the central bank’s two-tiered deposit reserve ratio, the China Banking Regulatory Commission recently issued an urgent circular demanding that the banking industry strictly investigate and deal with irregularities in the use of credit funds for misappropriation of agricultural products, stock hoardings, and price hikes. It is expected that the pressure on the agricultural products market in the later period will be very obvious, and bearish sentiment is serious.
The bubble in the commodity market is about to be punctuated, and how many wealth management products will be able to fulfill their labeled “attractive†returns by the end of time? An industry source told the Herald reporter that according to its observations, structural wealth management products such as those linked to commodities could reach less than 40% of the maximum earnings by maturity.
The person told the Herald reporter that buying structured financial products is very much like a gamble. Investors should not only look at what they are betting on, but also see how big the win is.
Some of the odds are actually clear. For example, a commodity is in a bull market, but the terms of a related wealth management product stipulate that if the price of the commodity rises above a certain price within the next year, the wealth management product can only obtain the lowest return. The financial product gambling is that the product cannot rise above a certain price level. The bull market is not topped, and the financial product is actually betting against the trend, and its odds are doubtful. For example, a product issued by the Bank of the Netherlands last year, the price of the bet will not rise or fall by more than 120 US dollars per ounce, but the actual increase far exceeds this figure, resulting in zero return.
A series of control measures to stabilize prices were introduced, allowing the commodity market to be overwhelmed by "cloudy clouds". Funds in the early stages of "fighting and turbulent" exited the market one after another. Part of the speculative funds was deepened because the time for entering the market was just at a high price. Among these, there are many financial financial products recently issued by banks.