In 2020, rare events occurred frequently in the capital market, ranging from four consecutive circuit breakers in the us stock market to a rare "negative oil price" breakout. The bank of China failed to bottom out its customers, and the issue of bank debt was hotly debated.The fluctuation of the capital market has caused the "panic" in the crude oil market, and the oil industry and industrial chain have been affected to varying degrees.
Some analysts say that in the short term, the oil crash will bring good situation to the petrochemical industry itself, so, DCS (distributed control system) as petrochemical, chemical and other project-type industries related to the standard equipment, will be affected?
Market research shows that in 2019, under the influence of the complex macroeconomic environment at home and abroad, DCS market performance in a word: "stability"!In 2020, the episode of oil collapse was only for a short time, and DCS had a relatively long distribution cycle in the petrochemical industry chain, with little overall impact.
To petrochemical industry, 2020 will still be affected by price fluctuations, trade friction continues, the industry showed a trend of increase revenue cost, at the same time, foreign investment and private investment limits, causing domestic DCS market competition intensifying, the DCS market in the short term is expected to present low after high, before stabilizing picks up the positive momentum, in the long term it will step into the rational development trend upward.
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