The price of chemical raw materials continues to rise, and it is likely to fall into a priceless situation.

Categories:Company Announcements
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Time of issue:2019-06-19 11:42
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(Summary description)Beginning in 2017, all parts of the country, without exception, have launched the most stringent chemical environmental supervision in history. The direct impact is to make the domestic chemical market sudden change, and in 2018, environmental protection supervision has increased, many chemical parks across the country have been completely shut down, and even some local enterprises stop production and rectification, directly leading to the shortage of supply throughout the country began to appear, there are more signs of spread, chemical product prices generally upward.

The price of chemical raw materials continues to rise, and it is likely to fall into a priceless situation.

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The price of chemical raw materials continues to rise, and it is likely to fall into a priceless situation.

(Summary description)Beginning in 2017, all parts of the country, without exception, have launched the most stringent chemical environmental supervision in history. The direct impact is to make the domestic chemical market sudden change, and in 2018, environmental protection supervision has increased, many chemical parks across the country have been completely shut down, and even some local enterprises stop production and rectification, directly leading to the shortage of supply throughout the country began to appear, there are more signs of spread, chemical product prices generally upward.

Categories:Company Announcements
Author:
Origin:
Time of issue:2019-06-19 11:42
Views:

Beginning in 2017, all parts of the country, without exception, have launched the most stringent chemical environmental supervision in history. The direct impact is to make the domestic chemical market sudden change, and in 2018, environmental protection supervision has increased, many chemical parks across the country have been completely shut down, and even some local enterprises stop production and rectification, directly leading to the shortage of supply throughout the country began to appear, there are more signs of spread, chemical product prices generally upward.

For example, the price of the job has been rising all the time driven by raw materials.

The supply of bisphenol A has been greatly reduced due to the impact of anti-dumping. Epoxy chloropropane, another raw material of epoxy resin, rose steadily. Under the pressure of cost and supply, the market price of epoxy resin rose. And the price of polyester resin has risen, while many enterprises react to supply shortage. Dozens of resin enterprises in China, such as Huangshan Zhengjie, Guangzhou Qingtian, Huangshan Xianglong, Hebei Hanxing, Anhui Yongchang and Zhongshan Jianli, collectively announced price increases, with an increase of about 500 yuan per ton.

It's still a trivial matter to raise the price. What's worse is that many raw materials are out of stock. This is particularly evident in the dyestuffs and pigments industry. In many places, there is a direct shortage and no quotation.

Dyes are called "grain" in the printing and dyeing industry. At present, the environmental protection supervision of disperse dye production and processing enterprises has been severely cracked down, resulting in a large-scale shutdown. Meanwhile, the prices of domestic dyestuff enterprises have risen again, with disperse dyes rising to 5300 yuan/ton, an increase of 77% this year. Many dyestuff giants have also raised their prices many times.

These are small pieces of the chemical raw material market, and many other raw materials such as solvent, polyurethane, TDI and crude oil prices are also rising.

In fact, the first quarter of this year's report reflects that the profits of international and domestic giants continue to rise, industry concentration will be further improved. Chemical enterprises are facing more and more serious business situation, especially downstream enterprises, small and medium-sized enterprises, many products may even fall into a state of no value, chemical enterprises should be prepared in advance.

Environmental protection is imperative, major chemical enterprises have to resist, after baptism, in order to better rebirth!

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