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Home > News > ECHEMI Focus > Production of 3 million tons of equipment stopped! 100 chemical companies urgently issued price increase letters, and raw materials have entered the era of 10,000 yuan!

Production of 3 million tons of equipment stopped! 100 chemical companies urgently issued price increase letters, and raw materials have entered the era of 10,000 yuan!

ECHEMI 2021-09-13

Is the typhoon discount this year? One hasn't left yet, and the other will follow right away! On September 9th, the Meteorological Bureau announced that typhoon weather would strike, and double typhoons might sweep southern China. Jiangsu, Zhejiang and Shanghai urgently initiated emergency response!

 


Double typhoons hit southern China, and places like Jiangsu, Zhejiang and Shanghai were evacuated and shut down!

 

The market is already out of stock, and the typhoon keeps going south. Isn't it difficult to make transactions in the south?

The double typhoon No. 13 Kangsen and 14 Sundu came fiercely, directly rushing into the South my country Sea and the coastal areas of South China and Southeastern China. The National Defense Office requires: Hainan, Fujian, Guangdong, Guangxi, and Zhejiang five provinces and autonomous regions to closely monitor typhoon dynamics, strengthen research, judgment and watchkeeping, and rolling forecast and early warning.


On September 10, the provinces in southern China issued corresponding defense notices. Among them, Zhejiang initiated a major meteorological disaster (typhoon) level IV emergency response, and there were heavy precipitation, thunderstorms or difficult production and transportation in various regions; the Guangdong Emergency Office announced that it would start based on actual conditions For emergency response, all fishing boats in the port are required to evacuate, and cross-sea routes are shut down.

 


According to the latest typhoon track, double typhoons have bypassed our country one after another, or did not land in our country!

 

Heavy rainfall continues in southern China, and the trend of typhoons is confusing, which is expected to have a greater impact on transportation during peak seasons. Chemical workers in South China pay more attention to weather changes and take protective measures!

 

The raw material production has been reduced by 3 million tons, and the major manufacturers have rapidly increased their prices!

 

Perhaps our country is blessed by the "Oriental Metaphysics", and the typhoon detours. But the United States is not so lucky. The market aftershocks caused by Hurricane Ada are still expanding.

 

It is understood that the U.S. hurricane caused more than 3 million tons of PVC installations, 5 million tons of PE installations, and 6.53 million tons of ethylene installations to be closed.

 

There are factories in eastern Louisiana that produce large quantities of chemical raw materials such as PVC and caustic soda. During the week, the domestic PVC market continued to be strong, and some large factories in the field stopped production, and the supply side became tighter, which is good for the rise of PVC. In addition, the Inner Mongolia region has continued the policy of “dual energy consumption control”, and the autumn inspections in Yihua in Qinghai and Zhongtai in Xinjiang have started, and the installations of Sanyou in Tangshan and Haohua in Henan are under-started, and the overall market operating rate is 60% to 70%. Production at home and abroad dropped sharply, and the price of PVC was once raised!

 

At present, the suspension of production is still continuing, and the output is continuously reduced. The major manufacturers in the industry have urgently increased, with an average daily increase of 100-450 CNY/ton, and PVC raw materials have broken the 10,000 yuan mark!

 

 

Rising to the end! 100 companies have no choice but to follow up!


It is reported that there are many manufacturers in the middle and lower reaches of the industry chain on the market today because of shortages and price adjustments by large manufacturers, and they have no choice but to follow up. 100 of them have issued price increases! Starting from September 1, many plastic manufacturers in the downstream of PVC announced price increases, increasing by 5%-30%.

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

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