[Both volume and price increases drive profit recovery, and many companies in the energy and chemical industry have promising third-quarter reports] On October 20, A-share companies have recently released third-quarter reports or performance forecasts for the first three quarters. It was found that many companies in the energy sectors such as coal and hydropower, as well as in chemical industry segments such as refining, silicone, and modified plastics, have experienced significant profit growth. Broken down: Coal companies benefited from rising coal prices due to tight supply and demand balance, while some hydropower companies achieved a jump in performance relying on power generation during wet periods; repairing product price differences became the main driver of profit rebound in the chemical industry. Industry experts remind that there are phased factors in this round of economic recovery. Whether the mid- to long-term market can be sustained still depends on the pace of production capacity deployment, the stability of product price differences, and the realization of downstream terminal demand. (Shanghai Securities News)