A new round of price hikes is coming!

Lanxess said the increase was inevitable as raw material, logistics and energy costs rose sharply again and largely exceeded pre-pandemic levels
.

PC gains hit a record!

After the Spring Festival holiday, the price of PC plastic continued to rise.
The quotation has exceeded the 22,500 yuan / ton mark, and some companies quoted 26,200 yuan / ton.
With the full resumption of work in China, the price of upstream bisphenol A skyrocketed after the Spring Festival! The range is as high as 90%! The price has hit an all-time high! And the PC was passively pushed up, refreshing the highest level since 2019! Bisphenol A and PC rise together! The magnitude of the ups and downs can be described as "stunning".
Under the huge cost pressure, the PC market price has been forced to rise recently, but the increase has slowed down
.

(PC and BPA increase)

TDI supply is tight

The price trend of TDI in East China rose, and the domestic product was executed at 18,250 yuan / ton, an increase of 42.
92% within the month and an increase of 64.
91% over the same period last year
.
The domestic TDI market continued its strong trend, and the price was high and firm.
The announcement of the factory's listing price in March boosted the market's mentality.
The bullish sentiment was strong in the market.
At present, dealers' quotations are cautiously followed, and some companies are closed due to tight supply.
disk operation
.

BPA suspends quotation

Nan Ya Plastic's BPA factory has suspended offers
.
At present, the company's bisphenol A products mainly supply downstream Kunshan epoxy resin and long-term users
.
At present, the 150,000-ton/year bisphenol A plant is operating normally, with low inventory and very few external sales
.

Changchun Chemical Co.
, Ltd.
suspends the quotation of bisphenol A.
At present, the East China market opened higher in the morning and pushed up, and the offer was at 25,000 yuan / ton
.

Epoxy Resin Supply Tight, Suspend Quotations

Jiangsu Yangnong Kumho's three sets of liquid epoxy resin production capacity of 170,000 tons/year are operating at about 50%, and orders are mainly produced.
Because the raw material bisphenol A remains high, the company's epoxy resin E-51 is currently suspended.
, the factory supply is tight, it is understood that the liquid resin in East China is running at a high level, and the offer is 31500-32000 yuan / ton (barrel)
.

Dow raised the price of PE resin On March 9, Dow Chemical said that the company will raise the price of all PE resins sold in the United States from April 1, by 9 cents per pound
.
The company said in a client letter that the price increase will be on top of the previously announced price increase of 7 cents per pound from March 1
.

EVA manufacturers are reluctant to sell

Due to low inventory levels and improved transactions, most EVA manufacturers reported high prices
.
In terms of imported materials, sudden factors such as the earthquake in Japan and the post-holiday cold wave in the United States caused a large number of installations to stop, the balance of external supply and demand was broken, and there were few available supplies in the market
.
The price of the outer disk rose rapidly, giving a boost to the inner disk, and the price of EVA rose rapidly
.

MTBE suspends sales, some companies are out of stock

Yangzi Petrochemical MTBE does not offer quotations, currently there is no export, and it is for personal use
.

Dushanzi Tianli High-tech: The quotation in Xinjiang is 5750 yuan / ton, the Yinchuan warehouse and Chengdu warehouse are out of stock, no quotation, mainly for Sinopec and PetroChina
.

Shenyang Waxing: Shutdown for maintenance, no quotation for the time being
.

Several DME companies suspend quotations

Henan Puyang Longyu dimethyl ether is temporarily not quoting;

Sichuan Zhongqi DME does not offer quotations for the time being;

Taian Baotai dimethyl ether does not offer quotations for the time being;

Hebei Yutai dimethyl ether is temporarily not quoting;

Sichuan Lutianhua DME does not offer quotations for the time being;

.
.
.

There are many "side effects", and this round of price hikes disrupts the market order

Careful material dealers may have discovered that this year's rounds of price increases seem to have no clear boundaries.
Multiple price increase letters and raw material increase notices are huge, and all the upstream and downstream enterprises in the plastic chemical industry chain are "cleaned up".
”, from price increases, no quotation, single price, limited sales, supplying long-term customers, and then inventory reporting to zero, closing and suspending sales, step by step, plastic people have less and less room for choice
.

The orders of some enterprises have been pre-booked by leading downstream enterprises, and there are basically no products for export
.
Plastic enterprises are caught in the dilemma of "buying is a loss, not buying is a loss"
.

Industry insiders said that the price increase of the plastic chemical industry chain has a certain relationship with the epidemic, crude oil and many "black swan" events, but whether these factors will really affect the pricing of raw materials to a large extent, and how big is the impact? No one can tell
.
Some people seize these "business opportunities", artificially hype news of insufficient product supply and soaring prices, arouse people's anxiety, and use "buying tide" to achieve the purpose of seeking profits
.
Nowadays, the industry chain is "rising", and the expectations for the future are high.
Even companies with less tight inventory have followed suit and stopped selling.
The industry seems to have reached a consensus, and everyone is waiting for price increases
.