Chemical raw materials skyrocketed by the Ministry of Industry and Information Technology

In response to the skyrocketing price of domestic chemical raw materials this year, the spokesperson of the Ministry of Industry and Information Technology Huang Libin recently emphasized that “relevant price increases are mostly short-term and sudden.

In response to the skyrocketing price of domestic chemical raw materials this year, the spokesperson of the Ministry of Industry and Information Technology Huang Libin recently emphasized that “relevant price increases are mostly short-term and sudden.

Regarding the prices of major products in the steel, non-ferrous, petrochemical and other industries continued to rise at the end of last year, the prices of raw materials have risen sharply.

First, the rising cost of raw materials has pushed up the price of bulk commodities.

The average prices of imported iron ore and copper concentrates increased significantly by 56.

Second, the recovery of production in downstream industries has formed a tight supply and demand situation.

In the first quarter, the output of light industrial products such as air conditioners, refrigerators, washing machines and some major mechanical products in the downstream industries showed a substantial recovery growth trend, and the growth rate far exceeded the output growth of raw materials such as steel, copper, and aluminum.

In addition, the second quarter was a period of centralized maintenance of equipment for petrochemical companies.

Third, the financial attributes of non-ferrous metals and some chemical products are prominent.

"Price hikes" continue to be crazy"Price hikes" continue to be crazy

A chemical company sent a letter to increase the price, involving various products such as emulsions, paints, and pigments, and the increase was large.

A chemical company sent a letter to increase the price, involving various products such as emulsions, paints, and pigments, and the increase was large.

Shanghai Baolijia Chemical Co.

After research, it is decided that the price of general styrene-acrylic products will be raised by 500-600 yuan / ton, the price of real stone paint products will be raised by 400-500 yuan / ton, the price of waterproof / elastic products will be raised by 600-800 yuan / ton, and the prices of high-end pure C products will be raised by 600-800 yuan / ton.

Cangzhou Bohai New Area Huyi Chemical Co.

Fujian Tenglong Industrial Company: From 8 o'clock on the 21st , make appropriate adjustments to the ex-factory prices of products:

1.

1.

1 Huang blending paint, blending paint Green up 8% , the rest of the tone engagement lacquer, varnish, rust up 5% .

2.
All colors of alkyd enamel and aluminum powder enamel are increased by 5% .

2.
All colors of alkyd enamel and aluminum powder enamel are increased by 5% .

2.
"Sanlong Brand" Product Series:

2.
"Sanlong Brand" Product Series:

The mid-yellow blended paint and the mid-green blended paint are increased by 8% from the original price , and the remaining " three dragons " and various color paints are increased by 5% .

The mid-yellow blended paint and the mid-green blended paint are increased by 8% from the original price , and the remaining " three dragons " and various color paints are increased by 5% .

3.
"Ruilong Brand" Product Series:

3.
"Ruilong Brand" Product Series:

All-colored polyurethane paints, varnishes and curing agents are increased by 6% .

All-colored polyurethane paints, varnishes and curing agents are increased by 6% .

4.
All-colored epoxy, chlorinated rubber, and acrylic products will increase by 8% .

4.
All-colored epoxy, chlorinated rubber, and acrylic products will increase by 8% .

5.
Polyurethane thinner and acrylic thinner will be increased by 2 yuan / kg ( 2000 yuan / ton).

5.
Polyurethane thinner and acrylic thinner will be increased by 2 yuan / kg ( 2000 yuan / ton).

Sixth, the price of special customized products will increase accordingly.

Sixth, the price of special customized products will increase accordingly.

Zhejiang Guanghua Technology Co.
, Ltd.
: Suspend all orders and wait for the raw materials to stabilize before quoting.

Zhejiang Guanghua Technology Co.
, Ltd.
: Suspend all orders and wait for the raw materials to stabilize before quoting.

SI Group: Due to rising freight and raw materials, the price of plastic additives has been raised by 20% .
The vice president said that the price adjustment also reflects the dynamics of demand for plastic additives.

SI Group: Due to rising freight and raw materials, the price of plastic additives has been raised by 20% .
The vice president said that the price adjustment also reflects the dynamics of demand for plastic additives.

Deqing households Tian Sanfeng Pigment Co.
: 5 Yue 1 date, all the iron price in the original sales price based on the unified raised 500 Yuan / ton.

Deqing households Tian Sanfeng Pigment Co.
: 5 Yue 1 date, all the iron price in the original sales price based on the unified raised 500 Yuan / ton.

Henkel (China) Investment Co.
, Ltd.
: 5 Yue 1 date, will be part of the product price.

Henkel (China) Investment Co.
, Ltd.
: 5 Yue 1 date, will be part of the product price.

Chemicals kicked off the rally, and the prices of nearly a hundred raw materials doubled

Chemicals kicked off the rally, and the prices of nearly a hundred raw materials doubledChemicals kicked off the rally, and the prices of nearly a hundred raw materials doubled

Since the second half of last year, whether it is the chemical industry or bulk commodities, prices have continued to soar.
Even in some companies, it is difficult to find a single product.
After a year, the entire chemical industry has undergone earth-shaking changes.

Since the second half of last year, whether it is the chemical industry or bulk commodities, prices have continued to soar.
Even in some companies, it is difficult to find a single product.
After a year, the entire chemical industry has undergone earth-shaking changes.

An expert in the coatings industry said that under the outbreak of last year, the “order shortage” in the first quarter and the indifference of the foreign trade industry brought about by the counter-attack of the second quarter of the epidemic and the “second shutdown” in many regions have brought a major blow to the chemical industry.
In the second half of the year, the situation gradually improved, the operating rate increased slowly, and products such as titanium dioxide resin also began to increase, and then more and more chemicals were added to the queue for price increases, and together they created a major industry such as chemical industry.
The "trend" of commodity price increases.

An expert in the coatings industry said that under the outbreak of last year, the “order shortage” in the first quarter and the indifference of the foreign trade industry brought about by the counter-attack of the second quarter of the epidemic and the “second shutdown” in many regions have brought a major blow to the chemical industry.
In the second half of the year, the situation gradually improved, the operating rate increased slowly, and products such as titanium dioxide resin also began to increase, and then more and more chemicals were added to the queue for price increases, and together they created a major industry such as chemical industry.
The "trend" of commodity price increases.

According to incomplete statistics, the overall trend of the chemical industry has been improving since the second half of last year.
The prices of nearly a hundred chemical raw materials have skyrocketed, making chemical workers can't help but wipe a cold sweat.

According to incomplete statistics, the overall trend of the chemical industry has been improving since the second half of last year.
The prices of nearly a hundred chemical raw materials have skyrocketed, making chemical workers can't help but wipe a cold sweat.

Acetic acid rose by 4,963.
33 yuan / ton, an increase of 217.
05% ;

Acetic acid rose by 4,963.
33 yuan / ton, an increase of 217.
05% ;

DMF rose 6783.
34 yuan / ton, an increase of 141.
81% ;

DMF rose 6783.
34 yuan / ton, an increase of 141.
81% ;

Aniline rose 6033.
33 yuan / ton, an increase of 138.
17% ;

Aniline rose 6033.
33 yuan / ton, an increase of 138.
17% ;

Lithium carbonate rose 47560 yuan / ton, an increase of 120.
59% ;

Lithium carbonate rose 47560 yuan / ton, an increase of 120.
59% ;

Butanol rose by 6516.
67 yuan / ton, an increase of 109.
52% ;

Butanol rose by 6516.
67 yuan / ton, an increase of 109.
52% ;

Polysilicon rose 44166.
67 yuan / ton, an increase of 100.
76%.
.
.

Polysilicon rose 44166.
67 yuan / ton, an increase of 100.
76%.
.
.

In addition, the epoxy resin industry chain and the polyester resin industry chain have also seen a general rise in the industry chain.

In addition, the epoxy resin industry chain and the polyester resin industry chain have also seen a general rise in the industry chain.

Epoxy resin industry chain:

Epoxy resin industry chain:Epoxy resin industry chain:

Since the second half of last year, liquid epoxy resin has risen by 20933.
34 yuan / ton, an increase of 108.
84% , and hit a 10- year high; solid epoxy resin has risen by 23,700 yuan / ton, an increase of 178.
20% , and a 15- year high since the second half of last year .
The price sprint of liquid and solid epoxy resins is inseparable from the increase in raw materials.

Since the second half of last year, liquid epoxy resin has risen by 20933.
34 yuan / ton, an increase of 108.
84% , and hit a 10- year high; solid epoxy resin has risen by 23,700 yuan / ton, an increase of 178.
20% , and a 15- year high since the second half of last year .
The price sprint of liquid and solid epoxy resins is inseparable from the increase in raw materials.

Bisphenol A, one of the raw materials, has risen by 18,125 yuan / ton since the second half of last year , an increase of 156.
59% .
The current price has been high for some time.
In the second quarter, Lihuayi, Sinopec Mitsubishi, LG Chemical, Kumho, Shanghai Mitsubishi and other major companies The plant has a shutdown and maintenance plan, and the market inventory will gradually decrease.
Epichlorohydrin, another important raw material, has risen by 5,966.
67 yuan / ton since the second half of last year , an increase of 57.
19% .
Due to the shutdown of foreign installations, foreign demand for epichlorohydrin in China has increased.
Since March , domestic epichlorohydrin has increased.
Many companies have good export orders, but the domestic available spot is limited, and prices are showing an upward trend.

Bisphenol A, one of the raw materials, has risen by 18,125 yuan / ton since the second half of last year , an increase of 156.
59% .
The current price has been high for some time.
In the second quarter, Lihuayi, Sinopec Mitsubishi, LG Chemical, Kumho, Shanghai Mitsubishi and other major companies The plant has a shutdown and maintenance plan, and the market inventory will gradually decrease.
Epichlorohydrin, another important raw material, has risen by 5,966.
67 yuan / ton since the second half of last year , an increase of 57.
19% .
Due to the shutdown of foreign installations, foreign demand for epichlorohydrin in China has increased.
Since March , domestic epichlorohydrin has increased.
Many companies have good export orders, but the domestic available spot is limited, and prices are showing an upward trend.

Polyester resin industry chain:

Polyester resin industry chain:Polyester resin industry chain:

Since the second half of last year, polyester resin has risen by 6000 yuan / ton, an increase of 75% .
At present, some manufacturers have announced that they will stop quoting, and they are temporarily out of stock, and products need to be queued.

Since the second half of last year, polyester resin has risen by 6000 yuan / ton, an increase of 75% .
At present, some manufacturers have announced that they will stop quoting, and they are temporarily out of stock, and products need to be queued.

Neopentyl glycol in the upstream of the industrial chain has risen by 9,500 yuan / ton, or 128.
38% , since the second half of last year .
Some companies quoted more than 17,000 yuan / ton.
Industry insiders said that this round of price increases is likely to impact 20,000 yuan / ton.
The recent performance of isobutyraldehyde upstream of neopentyl glycol is also very " bright .
" Isobutyraldehyde since the second half of last year rose 9650 Yuan / ton, or 169.
30% , the current gap isobutyraldehyde product in the 10 or so tons, source of supply, or the recent price will continue to move up.
Under the joint promotion of the two major raw materials, the polyester resin industry is expected to go further.

Neopentyl glycol in the upstream of the industrial chain has risen by 9,500 yuan / ton, or 128.
38% , since the second half of last year .
Some companies quoted more than 17,000 yuan / ton.
Industry insiders said that this round of price increases is likely to impact 20,000 yuan / ton.
The recent performance of isobutyraldehyde upstream of neopentyl glycol is also very " bright .
" Isobutyraldehyde since the second half of last year rose 9650 Yuan / ton, or 169.
30% , the current gap isobutyraldehyde product in the 10 or so tons, source of supply, or the recent price will continue to move up.
Under the joint promotion of the two major raw materials, the polyester resin industry is expected to go further.

Propylene oxide has risen by RMB 8,200 / ton since the second half of last year , an increase of 81.
73% .
Propylene oxide equipment has been overhauled frequently, and the price has risen slightly under the support of cost.

Propylene oxide has risen by RMB 8,200 / ton since the second half of last year , an increase of 81.
73% .
Propylene oxide equipment has been overhauled frequently, and the price has risen slightly under the support of cost.

Propylene has risen by RMB 1702.
9 / ton since the second half of last year , an increase of 24.
80% .
There is no pressure on the propylene market inventory, some devices are overhauled, and the supply is slightly tight.

Propylene has risen by RMB 1702.
9 / ton since the second half of last year , an increase of 24.
80% .
There is no pressure on the propylene market inventory, some devices are overhauled, and the supply is slightly tight.

TDI has risen by 5,266.
66 yuan / ton since the second half of last year , an increase of 49.
84% .

TDI has risen by 5,266.
66 yuan / ton since the second half of last year , an increase of 49.
84% .

MDI has risen by 7475 yuan / ton since the second half of last year , an increase of 61.
40% .

MDI has risen by 7475 yuan / ton since the second half of last year , an increase of 61.
40% .

Toluene since late last year rose 2191 Yuan / ton, or 63.
14% .

Toluene since late last year rose 2191 Yuan / ton, or 63.
14% .

In 2020, the world has experienced a century-old epidemic crisis, and major economies have done all they can to save their own economies.
The epidemic has led to a decline in production capacity in various industries.
In order to stimulate economic growth, the Federal Reserve announced unlimited QE (Quantitative Easing Policy), and central banks of various countries have also begun unprecedented large-scale releases.

In 2020, the world has experienced a century-old epidemic crisis, and major economies have done all they can to save their own economies.
The epidemic has led to a decline in production capacity in various industries.
In order to stimulate economic growth, the Federal Reserve announced unlimited QE (Quantitative Easing Policy), and central banks of various countries have also begun unprecedented large-scale releases.

Excessive currency issuance will lead to currency depreciation and lower purchasing power.
To put it simply, there is "more" money circulating in the market, but the total amount of major commodities has not changed.
More money and less stock will cause the prices of major commodities to show a continuous, universal and irreversible rise.
In addition, global economic expectations have boosted the activity of global futures trading, and short-term speculation in the financial market also has a significant amplification effect on price increases.

Excessive currency issuance will lead to currency depreciation and lower purchasing power.
To put it simply, there is "more" money circulating in the market, but the total amount of major commodities has not changed.
More money and less stock will cause the prices of major commodities to show a continuous, universal and irreversible rise.
In addition, global economic expectations have boosted the activity of global futures trading, and short-term speculation in the financial market also has a significant amplification effect on price increases.