Crazy vent 9000 yuan / ton!

Since late March, affected by the outbreak of the domestic epidemic, many parts of the country have implemented the control and closure of expressways, resulting in the blocking of many trunk lines, and the impact of freight and production has been gradually transmitted

The supply chain is broken, coupled with logistics impassability, sluggish demand in various places, and the gradual digestion of the impact of the situation in Russia and Ukraine, which has led to a high decline in the price of chemical products since April

■Lithium carbonate: The quotation on April 18 was 470,200 yuan/ton, and the range plummeted by 9,800 yuan/ton, or 2.

■ Lithium hydroxide: The quotation on April 18 was 473,333 yuan / ton, and the range plummeted 5,333 yuan / ton, a decrease of 1.

■ Glycine: The quotation was 23,666 yuan/ton on April 18, and the range was down 3,166 yuan/ton, a decrease of 11.

■ DMF: The quotation on April 18 was 12,225 yuan/ton, and the range was down 2,325 yuan/ton, a decrease of 15.

Propylene glycol: The quotation was 12,133 yuan/ton on April 18, and the range was down 2,000 yuan/ton, a decrease of 14.

■ Acrylic acid: The quotation was 13,766 yuan/ton on April 18, and the range fell to 1,533 yuan/ton, a decrease of 10.

■ Melamine: The quotation was 10,466 yuan/ton on April 18, and the range was down 1,466 yuan/ton, a decrease of 12.

■ Butanediol: On April 18, the quotation was 26,060 yuan/ton, and the range fell by 1,210 yuan/ton, a decrease of 4.

■ TDI: On April 18, the quotation was 18,450 yuan/ton, and the range fell by 1,150 yuan/ton, a decrease of 5.

■ Short rod: 11,166 yuan/ton on April 18, down 1,066 yuan/ton in the range, a decrease of 8.

Russia-Ukraine conflict disrupts supply, rising inflation risk spreads!

Recently, the World Trade Organization released a report that the conflict between Russia and Ukraine has pushed up the prices of food and energy commodities around the world, especially the prices of agricultural products in Europe, Africa and the Middle East will be significantly impacted

The risk of rising inflation is spreading

In the short term, the ongoing conflict between Russia and Ukraine has caused soaring commodity prices, which is the incentive to push up recent global inflation, but the real root causes more than that

High down signal release! The world has set off a wave of interest rate hikes!

With the global economic outlook uncertain and inflationary pressures intensifying, curbing inflation has become a top priority for all countries

St.
Louis Fed President James Bullard said on Monday that U.
S.
inflation is "just too high" and that the Fed needs to move quickly, raising interest rates to around 3.
5% by the end of the year by raising interest rates by 50 basis points multiple times.
, and did not rule out the option of a 75 basis point hike
.

The RBA said in the minutes of its April policy meeting released on Tuesday that annual core inflation in the first three months was likely to be above its 2-3% target
.
The timing of its first rate hike may be brought forward
.

The release of the interest rate hike signal undoubtedly means that the high level of chemical products is facing resistance.
However, the current global fuel shortage is affecting the entire market, and it is difficult for suppliers to cope with the surge in consumption after the epidemic.
The conflict between Russia and Ukraine has further exacerbated the contradiction between supply and demand
.