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    Home > Chemicals Industry > New Chemical Materials > The chemical market opens the second round of skyrocketing channel

    The chemical market opens the second round of skyrocketing channel

    • Last Update: 2021-09-16
    • Source: Internet
    • Author: User
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    Biden throws another 13 trillion! In March, the United States just passed the 1.
    9 trillion US dollar economic stimulus plan, and the money has not yet been scattered
    .
    Soon there will be the next step: another 2 trillion dollars! On March 31, local time, US President Biden announced a $2 trillion infrastructure plan, which has also become an "employment plan
    .
    " It is reported that this 13 trillion RMB infrastructure plan covers six major areas
    .
    From the perspective of the plan, it is directly beneficial to industries such as new energy vehicles, solar energy, and construction (A shares have risen accordingly)
    .
    And these fields are closely related to chemical raw materials, which may boost the demand of the chemical market.
    The raw material market seems to be unable to survive this year! Inflation expectations are rising! The price index rose to a new high during the year! Whether the economic stimulus is good or not, that is, inflation continues to strengthen and prices soar, and ultimately it has to be passed on to the end consumers to pay
    .
    According to CNB, the price of toilet paper in the US is also going up
    .
    Kimberly-Clark, a listed company, will substantially increase the price of toilet paper
    .
    The oversupply of the US dollar, mismatches in domestic and overseas demand, and increasing inflationary pressures are also driving up the market prices of commodities such as chemicals
    .
    On March 31, data released by the National Bureau of Statistics and China Federation of Logistics and Purchasing showed that China's Manufacturing Purchasing Managers Index (PMI) was 51.
    9% in March, an increase of 1.
    3 percentage points from the previous month, and 13 sub-indices were almost across the board.
    The price index rose to a new high during the year
    .
    Among them, the new order index and the new export order index increased by 2.
    1 and 2.
    4 percentage points from the previous month to 53.
    6% and 51.
    2%
    .
    In terms of breakdown, on April 1, chemical products were significantly affected by various factors, and the single-day increase was astonishing
    .
    According to data monitoring, on April 1, sulfuric acid, hydrochloric acid, melamine, polysilicon, epichlorohydrin, formic acid, etc.
    rose significantly.
    Among them, hydrochloric acid and hydrochloric acid rose by more than 20% in a single day
    .
    Combined with policies such as the normalization of monetary policy, the tightening of real estate financial policies, and the slowdown of fiscal expansion, the country is currently shifting from the stage of economic recovery to the stage of economic overheating and stagflation.

    .
    At this stage, demand for the real economy is strong, and product demand continues to improve.
    The growth rate of commodity prices first rushes higher and then gradually slows down.
    As inflation expectations rise, the central bank gradually tightens liquidity
    .
    Soaring prices are accelerating! The raw material skyrocketing channel is open! Recently, global raw materials have skyrocketed, environmental costs and logistics costs have risen, coupled with the imbalance of supply and demand, so that giants have taken the lead in raising prices
    .
    According to the plan, more than 30 price increase letters came into effect on April 1
    .
    However, now there is another 13 trillion water release, and the price of chemical products has risen or exceeded expectations! Inflation expectations have risen again, and the super-strong expectations of economic recovery triggered by huge liquidity superimposed on the mismatch of supply and demand at home and abroad will promote the continued rise of chemical commodity prices
    .
    The global economy is also facing huge challenges under the pressure of inflation
    .
    Due to the over-issuance of the US dollar, emerging countries have weaker pressure-bearing capacity, inflation continues to heat up, and prices soar at faster than expected, which has seriously affected the normal operation of the national economy
    .
    Emerging markets such as Turkey, Brazil, and Russia have taken the lead in raising interest rates, starting the exchange rate defense war in the second half of the dollar cycle, and the exchange rate depreciation and capital outflow pressure are high
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

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