CPE industry events in 2021

2017-2019 CPE market oscillation trend is dominated by the overall price center of gravity slightly upward, price fluctuations are relatively limited, the cost is the main factor affecting the market price trend; 2020, under the influence of cost and supply and demand pattern, CPE market fell first and then rose, price fluctuations are relatively large, the first half of the year, affected by public health events, market panic spread, the general decline of commodities, special In the first half of the year, due to public health events, market panic spread, the general decline in commodities, the special purpose market fell significantly, CPE cost support weakened, coupled with the weak demand side, CPE market rapid decline, the second half of the year, along with the recovery of the demand side, coupled with enhanced cost support, CPE market opened upward channel, and extended to 2021.
Factors affecting the price trend of CPE market in 2021 include strong cost support, tight spot, and solid export orders.
The supply and demand pattern is the main reason for the good profitability of CPE companies in 2021. On the supply side, CPE production declined year-on-year from January to November, and on the demand side, the export market performed solidly, the CPE industry is in a tight supply-demand equilibrium device, and so far in April, the market is mostly in a state of low inventory or tight spot, and the holders have a strong price support mentality, giving some support to the market price and good profitability of enterprises.