The first wave of "price hikes" after the holiday strikes!

Industry analysts believe that China's increase in oil imports corresponds to optimistic signs of demand recovery

Supply and demand are unbalanced, and many chemicals have been adjusted up, up to 3,000 yuan/ton!

Changchun Chemical (Zhangzhou) Co.

Lithium carbonate is still in a relatively favorable situation during the Spring Festival holiday

The domestic price of anhydrous hydrofluoric acid has risen sharply in the past three months.

Recently, the price of sulfur in East China has risen in a "stepwise" manner.

The PC market continues to rise, and the overall market is showing an upward trend.

The mainstream domestic PVC average price was 7,250 yuan/ton, up from 7,175 yuan/ton at the beginning of the week, an increase of 1.

The Shandong propane market has been continuously raised, with an average price of 4,182.

The mainstream offer price of general-purpose ABS is around 17,250 yuan/ton, an increase of 2.

The average price of silicone DMC market quotations is referenced at 21,433 yuan/ton.

The price of acetic acid has been rising this week, and the cost of raw materials for acetic anhydride has fluctuated upward

After dichloromethane experienced a sharp drop, the Shandong region took the lead in showing a weak rebound

The butanol market is mostly driven by demand.

The large amount of pure benzene stocks before the holiday and the strong bullish mentality have led to a decline in market inventory levels.

During the Spring Festival of styrene, a series of styrene plants in Europe and the United States were shut down unplanned, causing local prices to soar and driving the Asian market to rise sharply

During the festival period of cyclohexanone, the overall operation of the plant was relatively stable, and there was no large amount of purchase behavior in the downstream.

During the holiday period, due to the extreme cold weather in the United States and other factors, both U.
S.
and cloth oils rebounded to a relatively high level in the past year
.
The external market of pure benzene also rose simultaneously.
Among them, CFR China rose by 37 US dollars/ton to 774-775 US dollars/ton from before the holiday.
The positive external environment stimulated the strong opening of the domestic market
.

During the ethylene glycol Spring Festival, although the ethylene glycol market was closed, the continued rise in crude oil prices gave the market better support, and some installations in the United States were shut down due to extreme weather.
Under the positive external stimulation, the ethylene glycol market After the holiday, prices rose sharply, the opening price on the first day broke through the 5000 mark, and the closing price was 5305-5315 yuan/ton, an increase of 490 yuan/ton
.

"Rising sound" is hard to stop, and chemical products are still on the rise

Whether it is the price increase of chemicals or home appliances and other products, the driving force behind it is basically the price increase of upstream raw materials
.
In a notice previously sent to distributors by Haier Air Conditioning, it directly summarized the reasons for the price increase with several data: copper rose by 30%, iron rose by 30%, plastic rose by 35%, and aluminum rose by 37%.
, Stainless steel soared by 45%, zinc alloy rose by 48%.
.
.
And many chemical companies that announced the increase in price increase letters also clearly stated that the main reason for the price increase is the shortage of upstream raw materials or the continuous increase in prices.
In order to continue to provide products and Service can only helplessly increase prices
.

Many research institutions believe that the rise in crude oil prices has become the main reason for the rise in prices of chemical products, and the two show a positive correlation
.
Data show that Brent crude oil futures have risen by 19.
7% this year; New York light crude oil futures have risen by 20% this year
.
Acetic acid, ethylene glycol, glyphosate, chemical fiber, urea, etc.
all rose to varying degrees
.
In 2020, the prices of most domestic chemical products fell to historical lows, the industry's operating rate was low, and passive destocking was triggered
.
Judging from the current domestic market, terminal demand has recovered substantially, and the downstream replenishment cycle has begun
.
The overseas epidemic has repeatedly led to the suspension of production of some overseas chemical plants, and the demand for overseas orders for domestic chemical products has further increased.
The concentration of downstream orders has exploded, stimulating the demand for chemical raw materials, and the prices of many chemical products have risen significantly
.

The downstream procurement during the Spring Festival holiday is basically in a stagnant state.
It is expected that the market operating rate will increase after the Spring Festival holiday and the demand will be relatively concentrated, and the price may still rise
.
Coupled with the recent overhaul of some domestic devices, the on-site spot supply is slightly tight
.
Industry insiders said that benefiting from the recovery of the domestic economy and the improvement of the export market, the current chemical industry is in a better period of history
.
The continued shortage of raw materials means that the price increase of chemical products will not stop in a short period of time, and the price increase may be even more intense after the year
.