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    Home > Chemicals Industry > Rubber Plastic News > Many chemical companies are facing power and production restrictions, and a new round of price hikes for chemical products is coming?

    Many chemical companies are facing power and production restrictions, and a new round of price hikes for chemical products is coming?

    • Last Update: 2022-08-29
    • Source: Internet
    • Author: User
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    Affected by the peak electricity consumption period in summer, the electricity load in many places has increased sharply recently, and coal consumption has been tight.
    Some provinces have adopted power curtailment measures.
    Chemical companies have to perform peak production or arrange maintenance, which greatly affects production and operation


    .


    Data from the State Grid shows that the national electricity load and average daily power generation in July both exceeded the peaks of last summer, and 15 provinces issued notices for orderly electricity consumption in staggered peaks.


    .


    Henan Petrochemical Association also reported that fertilizer prices have been soaring since the beginning of this year, and the National Development and Reform Commission requires key fertilizer companies to actively fulfill their social responsibilities, fully organize production and operation, and ensure the supply of domestic fertilizer markets


    .


    In Henan, Jinshan Chemical and Zhongyuan Chemical, etc.
    , due to the impact of power restrictions and floods, the operating rate has dropped to below 70%, and the price of soda ash futures has recently set a new record


    .


    In addition, affected by the recent power and production restrictions in Yunnan, the price of yellow phosphorus has risen sharply, and the quotations of phosphoric acid enterprises have been raised one after another


    .


    Analysts from Kaiyuan Securities pointed out that this round of power curtailment is different from any power curtailment in history.
    In the face of industrial production boom at the highest point since 2017, and superimposed on carbon neutrality policy restrictions, the production of metallurgy, building materials, chemicals, etc.
    will be affected by power outages


    .


    Li Hongling, the marketing director of a chemical company in Shandong, said that frequent power outages will inevitably increase the production cost of the company, and at the same time affect the supply of raw materials and market conditions, and the prices of related chemicals may usher in a new round of rises


    .


    Relevant experts from China Electric Power Equipment Management Association pointed out that at this stage, coal-fired power is still China's main power source, adjusting power source and back-up power source, and it is the "ballast stone" and "stabilizer" for national energy security.
    Functional departments at all levels should provide coal power Electricity creates a healthy operating environment to ensure that coal-fired power units are "up and down", and to ensure the safety and reliability of power grid power supply


    .


    Zhu Deqiang, a thermal power expert for a chemical company who has been studying the power market for a long time, suggested that the reform of coal-use electricity consumption should be deepened.
    The right to choose is left to enterprises, and enterprises with high energy efficiency and good development momentum are supported to use more and better energy

    .

    The National Development and Reform Commission's dispatch data on August 10 shows that the coal supply and demand situation is improving
    .
    In terms of production, the daily output of Shanxi, Shaanxi and Mongolian coal increased by nearly 800,000 tons compared with the same period in July

    .
    In terms of demand, the "seven down and eight up" summer coal consumption peak period is coming to an end, and the overall coal demand continues to decline

    .
    It is expected that in the later period, with the successive release of coal production capacity, the output will continue to increase, and the coal supply and demand situation will further improve

    .

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