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Home > News > Valuable News > The raw materials have increased by 20 times! Freight costs soared 5000 yuan

The raw materials have increased by 20 times! Freight costs soared 5000 yuan

ECHEMI 2020-11-09



Send the price increase letter again! Raw materials soared more than 20 times!

Rising freight costs will undoubtedly add fuel to the rise of chemicals.

It was only one week after the last price increase letter was flying all over the sky, and the price increase letter was released again! Is the chemical market crazy? Some raw materials have soared soaring 20 times!


The price increase letter is flying! Coatings and titanium dioxide rose another 2,000 CNY/ton!

At present, downstream manufacturers in the titanium dioxide market have increased their purchases and upstream costs have increased. Some manufacturers and downstream manufacturers have once again issued price increases. Titanium dioxide is expected to maintain a steady upward trend in the short term.

 

Epoxy resin rises by RMB 1,250/ton every day!

Epoxy resin keeps rising! Since mid-October, the epoxy resin has soared. Now the raw material bisphenol A is strong, which has increased the epoxy resin, and the epoxy resin is in short supply. The factory has heard the wind of the disk sealing, and the price is constantly increasing, and it is expected to exceed 30,000 CNY/ton . It is expected that in the short term, epoxy resin prices will continue to increase.


Wanhua Liquefaction's MDI increased by 8200 CNY/ton!

Wanhua’s MDI has soared since June. In November, Wanhua’s MDI price was 28,500 CNY/ton, an increase of 8,200 CNY/ton from the previous month! The severely out of stock MDI50 has now been closed and Wanhua will stop taking orders before November 10. The current market demand is large and the supply of goods is in short supply. It is expected that MDI will continue to rise in the short term. According to this wave of gains, is aggregate MDI expected to break through the 30,000 yuan mark?


The price of acetic acid is expected to exceed 3000 CNY/ton!

Acetic acid went crazy! The upstream ethanol is running at a high level, and acetic acid is strongly supported. Increasing demand and tight market stocks, prices continue to rise, good for the acetic acid market to continue to skyrocket! It is expected that in the short term, acetic acid will continue to rise.


The raw materials have been soaring since mid-August. Nowadays, with soaring freight, soaring costs, and increasing demand, it is slightly difficult for chemicals to reduce prices!


Chemical Double 11 is difficult to achieve, when will the opportunity to stock up wait? !

I thought that the European closure of the country would cause demand to shrink and slow the rise of chemicals, so I took the opportunity to stock up. However, the long-term shortage of chemical raw material inventories in 2020 is difficult to meet, and even if the country is closed, there is no sign of a sharp drop in chemicals. The rise is expected to continue. It is reported that some chemicals have risen more than 20 times! Every manufacturer who needs to stock up, keep an eye on the market dynamics and make a deal in time!

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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