Oil prices soared, giants soared 4,300 yuan!

Overnight, crude oil suddenly surged! The May contract of WTI crude oil soared 7.

The domestic energy and chemical market also rose sharply.

Imported chemicals that are closely related to domestic companies are also facing a wave of increases! Giants such as Kuraray, Tosoh, and Toray Chemical can't stand it anymore! Price hikes announced! The price increase products cover MDI, PPS, elastomers.

▶Wanhua raised the prices of 4 water-based products, up to RMB 5,000/ton

On April 13, Wanhua Chemical's Emerging Technology Division issued a price adjustment communication letter, stating that due to the continued high price of raw materials and the continued tight supply, Wanhua's water-based products have brought huge challenges

Hydroxypropylene dispersion: the price will be increased by 1000-2000 yuan/ton;

PUA and PUD: the price is increased by 1000-2000 yuan / ton;

Water-based curing agent: the price is increased by 3000-5000 yuan / ton;

Polyurethane thickener: the price is increased by 1000-3000 yuan / ton

▶ Toray PPS announced an increase of 4,300 yuan!

On April 11, Toray announced a price increase, announcing that from May 2, the price of the company's PPS resin will be adjusted, including VAT, a global increase of 4,300 yuan / ton!

▶ Tosoh MDI announced an increase of 2539 yuan!

Recently, Tosoh announced that it will increase the price of all polyurethane raw material (MDI) products shipped from April 15th by more than 50 yen/kg (about 2539 yuan/ton)!

▶ Kuraray announced that the elastomer will increase by up to 3158 yuan!

In addition to Tosoh, Kuraray recently issued a notice of elastomer price increase, saying that from May 1, the global sales of hydrogenated styrene-based thermoplastic elastomers "Septon" and "Hyblur" and acrylic block copolymer "Clarity" The price was raised by $500/ton (about 3158 yuan/ton)

Although oil prices fluctuate continuously and overseas giants adjust prices frequently, but subject to domestic logistics and transportation and downstream demand issues, the domestic chemical spot market has remained tepid! Bosses who need to stock up in the near future can put it on the agenda as appropriate.

Second, the situation is grim! Many companies have ceased production

The epidemic situation is severe, and many upstream and downstream companies have announced production suspension/limitation due to factors such as epidemic prevention and supply cuts, which will greatly affect the supply of downstream products! Some companies even announced that the delivery time has been extended by 50 weeks!

Shanghai Fluoropolymer Chemicals: On April 11, based on the current situation of the new crown epidemic in Shanghai, it has implemented a temporary shutdown in the near future

Jinpu Titanium Industry: The recent announcement stated that the subsidiary Xuzhou Titanium Dioxide Chemical Co.

Shenwei Gas: Shanghai Shenwei Medical Gas Co.

Shanghai Beauty Industry: The shutdown of the city has caused Shanghai Beauty Industry to fall into dire straits.

Aptiv: China's largest supplier of automotive wiring harnesses, has not been supplying Tesla and SAIC-GM.

Weilai Automobile: On April 9, Weilai Automobile officially stated that due to the epidemic, supply chain partners in Jilin, Shanghai, Jiangsu and other places have successively stopped production, resulting in the suspension of Weilai vehicle production

Great Wall Motor: On April 11, Great Wall Motor stated that many parts suppliers of Great Wall Motor were affected by the epidemic in Shanghai, Jiangsu, Jilin and other places, resulting in limited factory production capacity

Tesla: The largest Tesla in China stopped work for two days on March 16, and then stopped again from March 28, and has not fully resumed production until now
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SAIC Volkswagen: On March 31, a spokesman for SAIC Volkswagen said that due to the difficulty in purchasing parts during the epidemic, the Shanghai plant jointly operated by the company and SAIC Group will be partially closed
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Ningde Times: Due to the emergence of new crown cases in Ningde, Fujian, the government temporarily upgraded epidemic prevention and control measures
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Hiuwei New Materials: On April 7, Hiuwei issued a reminder announcement saying that due to the impact of the epidemic, factories in some regions were temporarily suspended
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