echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Pigment and Filler News > Wanhua rose for 12 consecutive rounds!

    Wanhua rose for 12 consecutive rounds!

    • Last Update: 2021-03-21
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On March 10, Wanhua Chemical’s quotation sheet disclosed that the quotations of methyl acrylate in North China and East China were raised by RMB 1,000/ton, and the quotations of products such as propylene oxide, n-butanol, and butyl acrylate were all raised.

    Since the beginning of this year, Wanhua Chemical’s quotations have been raised several times, among which the MTBE Shandong regional quotation has risen 12 rounds.
    The latest quotation has been raised by RMB 1,450/ton from the beginning of the year, an increase of 33.
    33%.

    Butyl acrylate South China region offer up 11, the latest offer raised 7700 yuan over the beginning / ton, or 62.
    60% com" href="http://">coating line coatingol.
    com .

    The quotation of methyl tert-butyl ether in East China rose 10 rounds, and the latest quotation was raised by RMB 1,800/ton from the beginning of the year, an increase of 43.
    90%.

    The quotation of acrylic acid in North China rose 9 rounds, and the latest quotation was raised by RMB 3,400/ton from the beginning of the year, an increase of 42.
    50%.

    The quotations of butyl acrylate in North China and East China have been increased by 9 rounds.
    The latest quotations have been increased by RMB 8,200/ton and RMB 7,800/ton respectively from the beginning of the year, representing an increase of 71.
    30% and 65.
    55%.

    It is not uncommon for Wanhua Chemical to adjust the price multiple times.
    Since the beginning of the year, the price increase in the chemical industry chain has continued to advance.
    After the Spring Festival, price increase letters from chemical companies have come in one after another, making people overwhelmed.
    Many companies have raised more than one round, and price increase letters have been sent out one after another.
    Some companies have not specified the increase rate, but implemented the quotation system, and negotiated prices in real time according to the situation on the day.

    Lomon Baili United, Ningbo Xinfu

    Titanium dioxide rises by 1,000 yuan/ton

    Lomon Baililian’s price adjustment letter stated: According to the current domestic and international titanium dioxide market conditions, the company’s price committee has studied and decided that from now on, the company’s various types of titanium dioxide (including sulfuric acid titanium dioxide and chloride titanium dioxide) are sold at prices On the basis of the original price, we will increase RMB 1,000/ton for various domestic customers and USD 150/ton for international customers.

    Ningbo Xinfu’s price adjustment letter stated: Due to the sharp increase in the prices of various raw and auxiliary materials, the company’s research and decision: Rutile titanium dioxide will be increased by RMB 1,000/ton domestically on the basis of the original price on March 9, 2021, and exports will be increased by US$150.
    /Ton.

    Reluctant sales of upstream closures, frequent rejections of orders

    Currently, about 80% of chemical products are on the rise.
    Due to the limited operation of foreign factories, domestic raw materials are all exported, and domestic raw material supply has shrunk sharply.
    Due to insufficient supply, some upstream manufacturers have "closed up sales, suspended quotations, and refused to accept orders".
    The entire chemical market is "out of stock.
    " Tide" quietly opened!

    TDI 

    This is an increase of 6,483.
    33 yuan/ton from the quotation at the beginning of February, an increase of 50.
    75%.
    The downstream has resumed production and work one after another, and those with insufficient inventory just need to enter the market.
    The US Covestro and BASF installations were affected by the weather, and the domestic installations were operating normally, and the supply of goods was tight.

    Bisphenol A 

    This is an increase of RMB 5750/ton from the beginning of February, an increase of 31.
    28%.
    Changchun Chemical suspends quotations, Nanya Plastics suspends quotations, Nantong Xingchen installations are shut down for maintenance, and bisphenol A suspends quotations, mainly for contract users.
    Sinopec Mitsubishi BPA has suspended its offer, mainly for contract users or for self-use, with limited export sales.

    Acrylic 

    This is an increase of 1304.
    55 yuan/ton from the beginning of February, an increase of 18.
    46%.
    Anqing Petrochemical does not offer any export sales.
    In mid-to-late March, there are many maintenance plans for the propylene plant: Huadong Xinhai Petrochemical gas separation plant and Huahong PDH plant have maintenance plans; the second phase cracking unit of China Overseas Huizhou Refining and Chemical in South China and the Hainan Dongfang Petrochemical catalytic plant have been overhauled for one month from the beginning of this month about.

    In the recent past, the continuous increase in the price of domestic chemical raw materials has put great pressure on the development of downstream enterprises.


    However, at the same time, affected by the slower recovery of downstream market demand, the current domestic chemical raw material prices are obviously increasing.



    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.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.