Zhitong Financial APP learned thatLiwen Chemical Industry (00746)In early trading, it rose more than 10%. As of press time, it rose 9.74% to HK $9.8, with a turnover of HK $54.3191 million.

According to Baichuan data, tetrachloroethylene rose 36.02 percent in a single day on September 10, and the ex-factory price of large factories rose to 16375 yuan per ton, an all-time high, an increase of 178 percent over the price of 5870.77 yuan per ton on August 2, 2021, and 379 percent higher than the average price of 3418 yuan per ton on August 24, 2020. Analysts say the sharp rise in the price of tetrachloroethylene is mainly due to an extreme shortage of supply. Domestic imports of tetrachloroethylene depend on about 40% and 50% of tetrachloroethylene. Affected by overseas hurricanes, tetrachloroethylene imports shrank rapidly in July. Affected by the domestic public health incident in early August, the arrival of tetrachloroethylene imports to Hong Kong was delayed again. The reduction in overseas production is obvious, and some domestic enterprises are parking for maintenance, and the situation of insufficient supply may be difficult to improve. On the demand side, September-October is generally the refrigerant downstream air conditioning, refrigerator enterprise restocking period, the market demand is improving, is expected to provide support for the upstream raw material tetrachloroethylene demand. With the serious imbalance between supply and demand, the stock of tetrachloroethylene in China has rapidly dropped to a low level, and the price of tetrachloroethylene is expected to remain high or even continue to rise during the year.