Nearly 200 million diagnosed worldwide! These chemicals are hard to stop rising!

Vietnam has recently suffered from the severe impact of the new crown epidemic. According to news from Taiwanese media, it has been reported that an employee of Anpuxin, a Taiwan-funded enterprise in Binh Duong Province, Vietnam, has been diagnosed. The local government ordered the plant to be closed immediately. All employees waited in place and screened. . It caused panic among other Vietnamese employees in the factory. They collectively rushed to the factory gate and wanted to leave. Even when faced with the blocked iron gate, hundreds of employees worked together to "shake" the factory gate, and then fled the factory.

According to local media, Anpuxin has a total of 5,900 employees in the factory in Vietnam. After an incident in which employees fled the factory, the local competent authority stated that it had asked the employees to come back for screening, but did not disclose how many people fled. It was not disclosed how many people did not come back for screening.

The overseas epidemic is severe, and many domestic industries have been positively driven by the return of orders

The overseas epidemic is becoming more and more severe. In addition to causing more serious panic to the local people, it also has a serious impact on local industrial and manufacturing companies, causing factory shutdowns, park closures, and employees’ holidays, etc., as they will encounter again in 2020." Suspend the crisis. The counter-attack of the epidemic in manufacturing countries has undoubtedly brought positive stimulus to my country's domestic market. Orders from Southeast Asian countries such as India have also begun to return to my country, bringing a surge in orders for domestic textile, chemical, rubber and other industries.

Southeast Asian orders returned, textiles broke through the shackles of the off-season, and raw materials rose by more than 150%

Although it is currently in the off-season of the textile industry, the off-season seems to have become a new thing this year. Many textile clusters ushered in a sharp rise in the operating rate. In the past week, the weaving operation rate has risen like the resumption of production after a year, and even more than 90% in Haining and Changshu. Many countries have tightened restrictive measures again recently, and Japan and Vietnam have even entered "re-blockade." In addition, the foreign trade risks of India, Indonesia, South Africa and other countries continue to escalate, and textile foreign trade may be affected.

This has brought opportunities to China, the world's largest textile country. A large number of textile orders from Southeast Asia have begun to be transferred to China, and many textile companies have successively received backflow orders from Southeast Asia. Some companies said that the current orders continue to grow, and have been queued up to August, and the upstream raw materials are also showing a trend of tightening prices under the sudden increase in demand.

PTA: The PTA market fluctuated upward this week. The average weekly price in the East China market this week was 5152 CNY/ton, an increase of 1.40% from the previous month;

MEG: The average price in the East China market this week was RMB 5,068/ton, an increase of 1.85% from the average price last week, and the average price in the South China market was RMB 5,078/ton.

Polyester filament yarn: This week, polyester filament yarns are going up, POY price is 7850 CNY/ton, up by 325 CNY/ton; FDY price is 8,025 CNY/ton, up by 250 CNY/ton; DTY price is 9,200 CNY/ton, up by 400 CNY/ton Ton.

Spandex: The mainstream reference quotation of spandex 40D in Zhejiang is 72,000-75,000 CNY/ton, an increase of 2,000-3,000 CNY/ton from a week ago. The current quotation of spandex 20D has also risen to 90,000-95,000 CNY/ton, which has increased by 86% since the beginning of this year. This represents an increase of more than 150% over the same period last year.

Pesticide exporting countries have worsened epidemic situation, and demand flooded into the country

If the epidemic continues to affect, some of the original drugs and intermediates orders will be expected to be taken over by domestic pesticide companies. As the global supply of related pesticides shrinks, the prices of related pesticides are also expected to gradually increase in the short term.

Urea: On July 12, the ex-factory quotation of urea in Shandong increased by 30 CNY/ton compared with the quotation on July 9, a decrease of 1.12%, and a year-on-year increase of 64.85% over the same period last year.

Glyphosate: The quotation of 5% glyphosate raw powder suppliers rose to 50,000-55,000 (ton price, the same below), and the FOB price was US$8,000; the actual transaction reference price was 49,500-50,000, FOB US$7,900~7,950, a new high since 2010. From the perspective of market circulation, the current orders for glyphosate companies have been scheduled to September. In fact, this sort of list situation has been relatively rare in recent years. Orders have been scheduled to August and September, and most of them are at a single price. Prior to this, the price of glyphosate is unlikely to fall sharply.

In addition, the epidemic in Southeast Asia has undoubtedly contributed to the shortage and price increase of my country's chemical products such as pigments, dyes, and chemical fiber products, as well as the domestic rubber industry chain, gloves, tires and other products and raw materials. According to industry insiders, although it seems that the return of orders and demand-driven growth have great benefits for my country's chemical industry, the short-term benefits are very limited.

This part of the orders mostly presents the characteristics of small batches, multiple varieties, and fast delivery. At the same time, the new crown pneumonia epidemic is still spreading around the world, and there are large uncertainties in the external environment. If they are only satisfied with the current benefits and do not improve the core competitiveness of the company If the irreplaceability of the product is not strong enough, once the epidemic situation improves and competition increases, it will be unknown whether domestic chemicals will continue to be positive and whether the market will take a turn for the worse.