Reduce production by 50%! Raw materials soared by RMB 2,000/ton in a single day!

The central environmental protection inspector is fully launched!

On April 6, the Ministry of Ecology and Environment officially issued a document stating that the second round of the third batch of central ecological and environmental protection inspectors was fully launched. Set up 8 central ecological and environmental protection inspection teams to carry out inspections for about one month in 8 provinces (regions) of Shanxi, Liaoning, Anhui, Jiangxi, Henan, Hunan, Guangxi, and Yunnan.

It is worth mentioning that this time the Central Ecological and Environmental Protection Inspectorate’s Office specifically emphasized that the relevant provinces (regions) strictly prohibit simple and rude behaviors such as emergency shutdowns and production suspensions in response to the inspections, as well as "all shutdowns" and "stopping first". Let's talk about "waiting perfunctory response. Advance in an orderly manner, and resolutely put an end to "one size fits all" behavior.

Implementation of rectification! A large number of companies shut down for maintenance!

Since the end of the two sessions, the chemical market has continued to move. Rectification measures such as safety production inspections, hazardous chemical inspections, and central environmental inspections have been implemented in all provinces and cities, and enterprises in some regions have entered a state of rectification and shutdown.

The price increase letter bombed again! Soaring 2000 CNY/ton in a single day!

After the Ching Ming Festival, some major manufacturers have taken the lead in raising their ex-factory prices!

★On April 6, the listed price of Wanhua Chemical PC increased by 700 CNY/ton this week, which is 30,500 CNY/ton for reference;
★Hengli Petrochemical's PE low pressure, the price will be raised by 100 CNY/ton; the price of some PE markets around Yanshan will be raised by 50-300 CNY/ton;
★Dongying Donghai, Jiangsu Jiachang, Tianjin Longwang and other manufacturers have raised their EPS prices by 200 CNY/ton for the second time, and real-order negotiations are the main focus.

▶▶▶Epoxy resin industry chain: Take off completely! After the holiday, jump up to 2,000 CNY/ton!

The production of solid epoxy resin is more polluting. The previous multiple environmental inspections and the Huangshan Solid Resin Plant will be affected by the limited production shutdown to varying degrees, resulting in a lower load. Take the most recent one. At the end of March this year, due to environmental protection inspections in Huangshan, Anhui, the Huizhou Chemical Industry Park issued a notice of limited emissions. About 10 days or so, the production and emissions of enterprises were restricted. The enterprises stopped 40% of production and retained 60% of production.

In terms of policy, under the background of “carbon peak and carbon neutrality”, China's non-fossil energy’s power generation is expected to continue to increase, bringing about an increase in the installed capacity of wind power, photovoltaics, and nuclear power. The epoxy resin is generally supported by policies. obvious.

Supported by multiple factors, epoxy resin jumped after the holiday. On April 6, liquid epoxy resin soared by 1,000-2,000 CNY/ton in a single day. On April 7th, solid epoxy resin broke through the high of 30,000 CNY/ton!

On April 7, the price of epoxy resin continued to rise, ranging from 500 to 1250 yuan. The upstream epichlorohydrin has increased its pace to catch up, rising by 1,000 CNY/ton weekly.

Judging from the hot market demand and the unfixed supply, the epoxy resin industry chain is expected to reach a new high!

▶▶▶Titanium dioxide: too hot! It went up by another 1,200 yuan!
Since the CCTV report, the titanium dioxide industry is too hot, and traders don’t care about the price, as long as they have the goods! The dragon head may be floating, so keep going up!

On April 6, a number of leading titanium dioxide manufacturers adjusted their prices again! The increase ranged from 1000-1200 CNY/ton.

▶▶▶ABS: Even worse! Dachang installation is on fire! Reduce production by 50%!
In terms of ABS, Tianjin Dagu Lingang Substation caught fire, and the installation started on April 5th and dropped to around 50%. In terms of PS, a 140,000-ton/year PS device in the north has suffered from a power supply failure in the area, and the load of the PS device has recently decreased.

▶▶▶PA66: Another 6000 CNY/ton! There may be even higher gains!
On March 31, 2021, Rantic announced that due to the continuous increase in raw material costs, the price of the product will be increased from April 1st: PA66 non-reinforced grade will rise by 6000 CNY/ton or 950 US dollars/ton, PA66 reinforced grade is based on polymer The percentage content has risen.
The price increase of PBT depends on the batch and the situation. Certain grades may have higher gains.

The rising cycle is not over! Some raw materials may reach new heights!
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After entering 2021, the chemical industry is booming, and commodity prices such as plastics, PTA, ethylene glycol, and n-butanol have all risen. Factors such as product price increases, strong demand, and the release of new production capacity have contributed to the significant increase in the performance of chemical companies. According to Wind data, as of the close of April 6, in the first-tier industry of Shenwan Chemical Industry, 47 listed companies have disclosed their first quarterly performance forecasts. Except for Hongda New Materials, which continues to lose money, the remaining 46 listed companies have reported their performance. Hi (pre-increasing, turning losses, slightly increasing), the proportion of pre-his is as high as 97.87%. Among them, Luxi Chemical is expected to increase its net profit by more than 50 times in the first quarter, Tiantie Co., Ltd. is expected to increase its net profit by more than 60 times in the first quarter, and Duo Fluoride is expected to increase its net profit by more than 70 times in the first quarter.

The marginal improvement in industry demand in 2021 will mainly come from overseas. The loose monetary policy will drive the chemical sub-industry to further boom, and the chemical market in the second quarter may "make a score twice."

However, it should be noted that the rise of the entire industrial chain of the chemical market has temporarily come to an end. At present, a two-level differentiation pattern is taking shape. The more varieties that are supported by supply and demand fundamentals, they may continue to rise, or hit new highs, but flow. The price of commodities dominated by sexual factors will not necessarily reach new highs.