Since the beginning of this year, with the continued release of new capacity, but the overall demand is less than expected, the domestic chemical industry or face a new round of supply-demand imbalance challenges. And the competition to enter the game, production too fast, become the main cause of overcapacity in the industry. The new production capacity is put into violent raw material production and hit a peak again With the high price of international crude oil, the differentiation of upstream and downstream benefits is increasing, and the increase of oil and gas exploitation benefits is obvious. However, the profits of the downstream chemical industry have declined sharply, and the current new capacity of the domestic chemical industry is still continuing to release, and the production capacity warning signal is constantly transmitted to the market!