受成本塌陷的影响，苯乙烯期货自10月中旬见顶后持续下跌。12月以来，苯乙烯期货触底反弹，但指标却有所走弱，反弹压力重重。整体来看，在成本支撑减弱、市场供应增加、下游需求没有亮点的背景下，苯乙烯难以出现趋势性行情，弱势振荡的可能性较大。

Oleochemicals are chemicals derived from plant and animal oils. Oleochemicals include the formation of basic oleochemical substances like fatty acids, fatty alcohols, glycerine, methyl esters, and others. Intermediate chemical substances produced from the basic oleochemical substances include alcohol ethoxylates, alcohol sulfates, alcohol ether sulfates, quaternary ammonium salts, monoacylglycerols, diacylglycerols, structured triacylglycerols, sugar esters, and other oleochemical products. Oleochemicals are biodegradable, eco-friendly, and less toxic. The major oleochemicals are fatty acids, fatty alcohols, methyl esters, and glycerines, which are referred to as basic oleochemicals.

Maintaining proper sanitization and hygiene is one of the key aspects to prevent the spread of diseases. Over centuries, the world has witnessed several epidemics and pandemics. Therefore, WHO has mandated a set of actionable rules and regulations to prevent the outbreak of diseases. The World Health Organization (WHO) has been dealing with safety and sanitation issues of foreign traffic since 1951 when, at the same time, the Fourth World Health Assembly encouraged all governments to “improve sanitary and environmental conditions; particularly in and around ports and airports.” The World Health Assembly and the Executive Board stressed the value of upholding good hygiene and sanitation standards in international traffic (especially about drinking water and food).

Industrial laundry detergents are widely used in the industrial sector to remove tough soils and stains from fabrics. Although soap has been used to wash clothes since times immemorial, the first commercial detergent for home use was not launched until after World War II. Several laundry detergent manufacturers emerged during the post-World War II era to shape a global market that is mature in developed countries but still expanding in developing countries.

Hot melt adhesives are generally liquid or semi-liquid and aid items to bond together. The hot melt adhesives market is highly fragmented, with numerous vendors at local, regional, and global levels. The industry is not capital intensive and hence aids high competition at each geographical level. M&A activities in the market are high on account of industry fragmentation and the demand forecasts being positive. The high end-user variability of the industry makes the hot melt adhesives market one of the high growth industries with high opportunities for all categories of vendors with different product categories. The opportunities for scaling are huge as the applications of adhesives are growing. From an end-user perspective, the major industries include:

现阶段，我国化工行业仍处于重要战略机遇期，行业产业结构优化升级潜力仍然十分巨大，在“碳中和”、“碳达峰”的背景下，新能源上游材料领域迎来重大的发展机遇。