chemical fibers, will mainly depend on the energy and monetary issue in 2022

The absolute price of chemicals, including chemical fibers, will mainly depend on the energy and monetary issue in 2022, which are expected to be in weak consolidation.

Monetary level: Outside China, as the Federal Reserve may raise the interest rate, most countries around the world will follow, which is expected to end up with tightening monetary; Within China, in order to stabilize the economy, macro policies are anticipated to be slightly looser at the beginning of the year, and the downside risks of the economy are slightly alleviated, thus forming a certain hedge against the adverse effects of interest rate increases abroad.