The Rebound In Commodity Prices Is Beneficial For The Middle And Downstream Industries

The commodity super market, which emerged under the influence of macroeconomic factors such as geopolitical conflicts last year, has significantly shrunk this year. Domestic commodity prices have fallen by about 9% since the beginning of this year, nearly 24% from last year's high. Analysts believe that under the negative impact of overseas economic recession expectations and the banking crises in Europe and America, commodity prices have significantly declined this year. For the bulk commodity raw material related industries, the biggest impact is the transfer of industrial profits from upstream to midstream and downstream. It is expected that the midstream and downstream industries will perform better than the upstream industries this year. It is recommended to focus on the consumer sector.