Chemical giants such as Wanhua Chemical/DuPont announced price increases, and the raw material market was once again ignited!

75em;">After the long holiday, the upstream and downstream of the entire chemical industry chain became abnormally restless after the holiday.
Once the sluggishness was changed, the prices of raw materials also "expanded", and enterprises began to increase prices one after another.

After the long holiday, the upstream and downstream of the entire chemical industry chain became abnormally restless after the holiday.
Once the sluggishness was changed, the prices of raw materials also "expanded", and enterprises began to increase prices one after another.

75em;">The first wave of October’s leading rise came from the titanium dioxide industry.

Many listed companies such as Lomon Baili, Jinpu Titanium Industry, China Nuclear Titanium Dioxide and other listed companies have issued price increase announcements, announcing that the company’s various types of titanium dioxide (including sulfuric acid titanium dioxide) , Chlorinated Titanium Dioxide) The sales price will be increased by RMB 800/ton for various domestic customers and USD 150/ton for international customers on the basis of the original price.

The first wave of October’s leading rise came from the titanium dioxide industry.

The price increase of other chemical raw materials followed closely, with giant companies leading the rise.

75em;">Propylene oxide

75em;">Propylene oxide

Propylene oxide

75em;">Affected by the prices of upstream raw materials, the prices of materials such as propylene oxide and flexible foam polyether have also risen sharply, and the prices of some raw materials have reached new highs in decades.

75em;">On October 13, Wanhua Chemical's propylene oxide (PO) price was 19,100 yuan/ton, an increase of 300 yuan/ton from the previous week, which was the highest value since 2006 (the highest point was 19,000 yuan/ton in June 2008).

75em;">The market for propylene oxide has been rising since August, and it has continued to rise for 30 days, rising by RMB 5,000/ton, subject to fundamentals and the main supply and demand sides.

Up to now, the increase in Shandong area is more than 5100 yuan/ton to 18400-18800 yuan/ton.

75em;">Affected by the prices of upstream raw materials, the prices of materials such as propylene oxide and flexible foam polyether have also risen sharply, and the prices of some raw materials have reached new highs in decades.

Affected by the prices of upstream raw materials, the prices of materials such as propylene oxide and flexible foam polyether have also risen sharply, and the prices of some raw materials have reached new highs in decades.

On October 13, Wanhua Chemical's propylene oxide (PO) price was 19,100 yuan/ton, an increase of 300 yuan/ton from the previous week, which was the highest value since 2006 (the highest point was 19,000 yuan/ton in June 2008).

Up to now, the increase in Shandong area is more than 5100 yuan/ton to 18400-18800 yuan/ton.

The market for propylene oxide has been rising since August, and it has continued to rise for 30 days, rising by RMB 5,000/ton, subject to fundamentals and the main supply and demand sides.
Up to now, the increase in Shandong area is more than 5100 yuan/ton to 18400-18800 yuan/ton.

75em;">Polyether

75em;">Polyether

Polyether

75em;">Benefiting from the pull of upstream propylene oxide, the domestic polyether market continued to rise in a straight line in September, surpassing the 20,000 yuan/ton mark in the middle of the month, reaching a high price of 20,500 yuan, an increase of nearly 195% from this year’s low point, a record 2008 New high since the beginning of the year.

At the end of the month, the transaction price in the Shandong market was 19,000-19500 yuan/ton, an increase of 5500-5900 yuan/ton, an increase of 40.
74%; East China and South China markets were 19,000-19800 yuan/ton, an increase of 5300-5800 yuan/ton, an increase of 39.
86% .

75em;">Benefiting from the pull of upstream propylene oxide, the domestic polyether market continued to rise in a straight line in September, surpassing the 20,000 yuan/ton mark in the middle of the month, reaching a high price of 20,500 yuan, an increase of nearly 195% from this year’s low point, a record 2008 New high since the beginning of the year.

At the end of the month, the transaction price in the Shandong market was 19,000-19500 yuan/ton, an increase of 5500-5900 yuan/ton, an increase of 40.
74%; East China and South China markets were 19,000-19800 yuan/ton, an increase of 5300-5800 yuan/ton, an increase of 39.
86% .

Benefiting from the pull of upstream propylene oxide, the domestic polyether market continued to rise in a straight line in September, surpassing the 20,000 yuan/ton mark in the middle of the month, reaching a high price of 20,500 yuan, an increase of nearly 195% from this year’s low point, a record 2008 New high since the beginning of the year.
At the end of the month, the transaction price in the Shandong market was 19,000-19500 yuan/ton, an increase of 5500-5900 yuan/ton, an increase of 40.

75em;">DMC

75em;">On October 12, the global DMC leader Shandong Shida Shenghua battery-grade DMC price increased again by 200 yuan/ton, quoting 17,000 yuan/ton, the highest point since 2012 (13,500 yuan/ton).

At present, Shi Dashenghua is producing at full capacity 24 hours a day, but the market is still in short supply, and money cannot be bought.
Relevant person in charge of Shi Dashenghua said that in the near future, the main focus is to ensure the supply of major customers, and the orders are mostly to execute high-priced large orders, and the orders are scheduled until after the Spring Festival.
Among the five solvents, DMC, EMC and EC are the most tense.

75em;">Since August, the domestic DMC factory acceptance price in Shandong has soared from RMB 5,650/ton to RMB 17,000/ton, a surge of RMB 11,350/ton, an increase of over 200%, and a three-year high.

75em;">DMC

75em;">DMC

75em;">DMC

DMC

75em;">On October 12, the global DMC leader Shandong Shida Shenghua battery-grade DMC price increased again by 200 yuan/ton, quoting 17,000 yuan/ton, the highest point since 2012 (13,500 yuan/ton).
At present, Shi Dashenghua is producing at full capacity 24 hours a day, but the market is still in short supply, and money cannot be bought.
Relevant person in charge of Shi Dashenghua said that in the near future, the main focus is to ensure the supply of major customers, and the orders are mostly to execute high-priced large orders, and the orders are scheduled until after the Spring Festival.
Among the five solvents, DMC, EMC and EC are the most tense.

75em;">Since August, the domestic DMC factory acceptance price in Shandong has soared from RMB 5,650/ton to RMB 17,000/ton, a surge of RMB 11,350/ton, an increase of over 200%, and a three-year high.

75em;">On October 12, the global DMC leader Shandong Shida Shenghua battery-grade DMC price increased again by 200 yuan/ton, quoting 17,000 yuan/ton, the highest point since 2012 (13,500 yuan/ton).
At present, Shi Dashenghua is producing at full capacity 24 hours a day, but the market is still in short supply, and money cannot be bought.
Relevant person in charge of Shi Dashenghua said that in the near future, the main focus is to ensure the supply of major customers, and the orders are mostly to execute high-priced large orders, and the orders are scheduled until after the Spring Festival.
Among the five solvents, DMC, EMC and EC are the most tense.

On October 12, the global DMC leader Shandong Shida Shenghua battery-grade DMC price increased again by 200 yuan/ton, quoting 17,000 yuan/ton, the highest point since 2012 (13,500 yuan/ton).
At present, Shi Dashenghua is producing at full capacity 24 hours a day, but the market is still in short supply, and money cannot be bought.
Relevant person in charge of Shi Dashenghua said that in the near future, the main focus is to ensure the supply of major customers, and the orders are mostly to execute high-priced large orders, and the orders are scheduled until after the Spring Festival.
Among the five solvents, DMC, EMC and EC are the most tense.

75em;">Since August, the domestic DMC factory acceptance price in Shandong has soared from RMB 5,650/ton to RMB 17,000/ton, a surge of RMB 11,350/ton, an increase of over 200%, and a three-year high.

Since August, the domestic DMC factory acceptance price in Shandong has soared from RMB 5,650/ton to RMB 17,000/ton, a surge of RMB 11,350/ton, an increase of over 200%, and a three-year high.

75em;">nylon

75em;">nylon

75em;">nylon

nylon

75em;">On October 12, DuPont announced that it would increase the price of DuPont TMZytel® nylon products in the Asia-Pacific region from October 19, 2020 or subject to the terms of the contract.
The increase of non-reinforced specifications will be US$0.
21 per kilogram.
The enhanced specification is US$0.
15 per kilogram.
Certain products with specific specifications will have different price adjustments.

75em;">On October 12, DuPont announced that it would increase the price of DuPont TMZytel® nylon products in the Asia-Pacific region from October 19, 2020 or subject to the terms of the contract.
The increase of non-reinforced specifications will be US$0.
21 per kilogram.
The enhanced specification is US$0.
15 per kilogram.
Certain products with specific specifications will have different price adjustments.

On October 12, DuPont announced that it would increase the price of DuPont TMZytel® nylon products in the Asia-Pacific region from October 19, 2020 or subject to the terms of the contract.
The increase of non-reinforced specifications will be US$0.
21 per kilogram.
The enhanced specification is US$0.
15 per kilogram.
Certain products with specific specifications will have different price adjustments.

75em;">PC

75em;">PC

75em;">PC

PC

75em;">In addition to the above companies, PCs have experienced rapid growth in the past two days.

75em;">In the Dongguan market of Jiaxing Teijin PL-1250Y, the price on September 1 was 15,800 yuan/ton, and on October 13, the price was 19,300 yuan/ton, and the price rose by 3,500 yuan/ton!

75em;">Taiwan's Chi Mei PC-110 Dongguan market, from September 1 to 14,050 yuan / ton, as of October 13, the price has been 16,200 yuan / ton, the price has risen by 2150 yuan / ton!

75em;">In addition to the above companies, PCs have experienced rapid growth in the past two days.

In addition to the above companies, PCs have experienced rapid growth in the past two days.

75em;">In the Dongguan market of Jiaxing Teijin PL-1250Y, the price on September 1 was 15,800 yuan/ton, and on October 13, the price was 19,300 yuan/ton, and the price rose by 3,500 yuan/ton!

In the Dongguan market of Jiaxing Teijin PL-1250Y, the price on September 1 was 15,800 yuan/ton, and on October 13, the price was 19,300 yuan/ton, and the price rose by 3,500 yuan/ton!

75em;">Taiwan's Chi Mei PC-110 Dongguan market, from September 1 to 14,050 yuan / ton, as of October 13, the price has been 16,200 yuan / ton, the price has risen by 2150 yuan / ton!

Taiwan's Chi Mei PC-110 Dongguan market, from September 1 to 14,050 yuan / ton, as of October 13, the price has been 16,200 yuan / ton, the price has risen by 2150 yuan / ton!

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75em;">Based on the experience of previous years, raw materials and chemicals will see a crazy rise during the "Golden Nine and Silver Ten" period.
The special market situation under the epidemic this year has caused severe damage to many chemical companies.
Once prices start to rise, they will quickly counterattack, and even set new highs for decades in one fell swoop.

75em;">However, it should be noted that the current factory maintenance is less, the new production capacity is increased, the inventory pressure in some markets has increased, and the shipment speed has slowed down.
Therefore, in the face of the current price increase phenomenon, the industry should not make generalizations, but It is necessary to rationally judge the market situation in the area and the subsequent rise and fall of the market based on the order situation of its own company and its surrounding counterparts, and then make corresponding measures.

75em;">Based on the experience of previous years, raw materials and chemicals will see a crazy rise during the "Golden Nine and Silver Ten" period.
The special market situation under the epidemic this year has caused severe damage to many chemical companies.
Once prices start to rise, they will quickly counterattack, and even set new highs for decades in one fell swoop.

Based on the experience of previous years, raw materials and chemicals will see a crazy rise during the "Golden Nine and Silver Ten" period.
The special market situation under the epidemic this year has caused severe damage to many chemical companies.
Once prices start to rise, they will quickly counterattack, and even set new highs for decades in one fell swoop.

75em;">However, it should be noted that the current factory maintenance is less, the new production capacity is increased, the inventory pressure in some markets has increased, and the shipment speed has slowed down.
Therefore, in the face of the current price increase phenomenon, the industry should not make generalizations, but It is necessary to rationally judge the market situation in the area and the subsequent rise and fall of the market based on the order situation of its own company and its surrounding counterparts, and then make corresponding measures.

However, it should be noted that the current factory maintenance is less, the new production capacity is increased, the inventory pressure in some markets has increased, and the shipment speed has slowed down.
Therefore, in the face of the current price increase phenomenon, the industry should not make generalizations, but It is necessary to rationally judge the market situation in the area and the subsequent rise and fall of the market based on the order situation of its own company and its surrounding counterparts, and then make corresponding measures.