The continuation of the recovery trend of basic chemical industry supply and demand boom is not different sub

Overall: the continuation of basic chemical recovery, improve profitability

A total of 243 listed companies in the industry, the first three quarters of 2016, operating income reached 701 billion 300 million yuan, an increase of 3.84%, compared to 2015 growth rate has improved, mainly due to the downstream real estate, automobile and other industries to restore growth, driven by consumption increase, the devaluation of the RMB, some chemicals export demand; performance of 29 billion 800 million yuan, an increase of 10.49%. business continues to improve, the recovery trend.

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Sales gross margin was 18.10%, an increase of 0.44 percentage points, mainly due to oil, minerals and other raw materials at low price, the industry experienced a sustained clearing capacity, concentration gradually improve, to optimize the product structure; to benefit from the interest rate down, finance costs decreased, resulting in reduced costs during the rate.

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