Market Flash

The power outages in various provinces across the country are far more severe than imagined! Electricity is tight, power curtailment will continue, production capacity is limited, and raw material prices continue to skyrocket!

• power outage
• pvc

Major chemical provinces such as Jiangsu, Guangdong, and Zhejiang have even hit harder, taking measures such as suspension of production and power outages on thousands of companies, making local companies caught off guard.

• Price Increase
• power outage

In the chain reaction triggered by the European natural gas crisis, fertilizer giants such as CF Industry, Yara, Borealis, and OCI of the Netherlands have announced production cuts.

• Natural Gas
• fertilizer

After the Mid-Autumn Festival, downstream devices of early parking in some areas resumed production one after another, which was good for propylene demand.

• Propylene

The National Bureau of Statistics announced on the 22nd that in 2020, the country will invest 243.931 billion yuan in research and experimental development (R&D), an increase of 10.2%, continuing the double-digit growth since the "13th Five-Year

• investment

Recently, Zhejiang, Yunnan, Jiangsu, Guangdong and other places have upgraded their “dual control of energy consumption” policies, and the scope of “dual limits” for power curtailment and production is also expanding.

• raw material

In the first half of the year, the chemical industry's revenue and profits increased significantly.

• chemical industry

Domestic propylene glycol inventory continues to be low, part of the device load reduction production

• Propylene Glycol

The demand for plant protein in the food and beverage market is increasing day by day, and this growth trend has continued for several years. A variety of plant protein sources

• plant protein

The National Bureau of Statistics announced on the 22nd that in 2020, the country will invest 243.931 billion yuan in research and experimental development (R&D)

• chemical raw material

Imports: DOP imports in August 2021 were 11,299.458 tons, up 132% from the previous month and 2956% from the previous year. Cumulative imports were 26,689.82 tons, up 90% from the previous year.

• DOP
• Import
• Export

After the market on September 22, China Nuclear Titanium Dioxide (or "the company") issued a performance forecast.

• Titanium Dioxide

On the 17th, the Ningdong Modern Coal Chemical Pilot Plant at the Ningdong Energy and Chemical Base in Ningxia was officially put into operation, becoming my country's first modern coal chemical pilot plant.

• coal chemical

Recently, the domestic epoxy propane market rose again, this week reversed the deadlock weak situation, returned to the upward trend, and has continued to strengthen the trend.

• propylene oxide

Recently, ChemAnalyst released the "2015-2030 Petrochemical Market Analysis Report". The report shows that from 2015 to 2030, the global petrochemical market will grow rapidly at an average annual rate of 4.95%.

• petrochemical market

On September 14, the Malaysian Bureau of Statistics released a report stating that the country’s total output of monitored natural rubber in July was 47,473 tons

• natural rubber

Zhejiang: a power outage notice issued by a major textile town, covering 161 companies

• power outage

Fish oil Omega-3 fatty acids have always been a hot spot in the field of nutrition and health, and the sales of related products have long been in the forefront of the North American market.

• plant based
• Omega3
• DHA

Affected by the rise of "three acids and two alkalis" basic industrial raw materials, upstream companies are gradually transmitting downward price pressure, and the entire chemical industry may be affected.

• Powder Coating
• phosphate fertilizer

Recently, Yulin City, Shaanxi Province issued the "Notice on Ensuring the Completion of the Energy Consumption Dual Control Target Task in 2021", with a maximum production limit of 60%!

• calcium carbide
• polypropylene
• PVC