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More than 100 chemical raw materials for resin and butylene glycol are soaring

Echemi 2021-10-11

Recently, Shandong Zhucheng Orderly Electricity Rotation Coordination and Promotion Office issued the "Notice on the Implementation of the "Four Stops and Three" Rotation Plan", stating that in order to cope with the tight power supply situation and effectively guarantee the safe and stable operation of the power grid, it will start at 0:00 on October 9th. Carry out the "open four stop three" rotation plan, start and stop time is 00:00 on the start day to 24:00 on the end day, the specific plan is as follows:


Group A: work from Monday to Thursday, and have a holiday on Friday, Saturday and Sunday

Group B: work from Tuesday to Friday, with a holiday on Saturday, Sunday and Monday

Group C: Work from Wednesday to Saturday, and take a holiday on Sunday, Monday, and Tuesday

Group D: Work from Thursday to Sunday, with a holiday on Monday, Tuesday, and Wednesday

Group E: work from Monday, Friday to Sunday, with a holiday on Tuesday, Wednesday, and Thursday

Group F: Work on Monday, Tuesday, Saturday and Sunday, and take a shift from Wednesday to Friday

Group G: work from Monday to Wednesday and Sunday, and take turns on Thursday, Friday and Saturday


Whether it is the suspension of production restrictions in Yunnan, Jiangsu and other regions, or the off-peak electricity consumption in Anhui, Shandong and other regions, in essence, they are all for the purpose of turning defeat in the year-end test of energy consumption. For chemical companies, the reduced operating rate and shortage of supply will inevitably lead to tighter prices. According to the Coatings Purchasing Network, since the second half of the year, due to the stricter “dual control” of energy consumption, the price of raw materials has risen after power and production restrictions.


Phosphorus chemical industry gains momentum, phosphoric acid hits a 10-year historical high

Recently, the phosphorus chemical market ushered in a skyrocketing market, and the trend can be described as "flying to the sky." In the context of the dual control policy, yellow phosphorus enterprises have severely curtailed electricity, reduced their production capacity, and the tight market supply is unlikely to change significantly in a short period of time. Phosphoric acid is currently quoted at RMB 20,000/ton, an increase of RMB 14166.67/ton from the middle of the year, an increase of 242.86%, and the price hit a 10-year high; the current price of phosphoric acid is RMB 56,000/ton, an increase of RMB 36,650/ton from the middle of the year, an increase of 189.41%.


The chlor-alkali sector is on fire! Products soared 161%

Since the dual control policy, the chlor-alkali sector in the chemical sub-industry has also been on fire. Among them, the price of caustic soda is 1355 yuan/ton, an increase of 837.5 yuan/ton from the middle of the year, an increase of 161.84%; the price of light soda ash is 3162.5 yuan/ton, an increase of 1280.5 yuan from the middle of the year. /Ton, an increase of 68.04%; calcium carbide quotation is 5800 yuan/ton, an increase of 1200 yuan/ton, or 26.09% from mid-year; PVC quotation is 13,037 yuan/ton, an increase of 4037 yuan/ton, or 44.86%; Due to the impact of the control policy, the start of the chlor-alkali industry in October is expected to be relatively limited, with more companies stopping production and restricting production, and the supply is expected to remain tight.


The epoxy resin industry chain is soaring! Products skyrocketed over 10,000 yuan/ton
The domestic epoxy resin market is sprinting at a high level. The current price is 36,000 yuan/ton, an increase of 10066.67 yuan/ton or 38.82% from the middle of the year. At present, domestic production and electricity restrictions continue to continue. Epoxy resin equipment maintains low-load operation, and the supply side continues Nervous state. The raw material bisphenol A is rising. The current price is 23516 yuan/ton, an increase of 3016 yuan/ton from the middle of the year, an increase of 14.71%; the price of epichlorohydrin is 18,883 yuan/ton, an increase of 5,816.33 yuan/ton, an increase of 44.51% from the middle of the year.


The acetic acid industry chain hits the sky, and the product rises by 1,700 yuan/ton
The acetic acid industry chain product market has generally risen sharply. The price of acetic acid is 9010 yuan/ton, an increase of 1,726.67 yuan/ton or 23.71% from the middle of the year. The upstream raw material methanol was quoted at 3,800 yuan/ton, an increase of 1,250 yuan/ton or 49.02% from the middle of the year; affected by dual-control power restrictions, more companies in the acetic acid industry chain stopped production and limited production. Under the contradiction between supply and demand, the price of the industry chain from top to bottom varies. With soaring.


In addition, the price of many raw materials has risen by more than 1,000 yuan per ton recently, or even as high as 10,000 yuan, an increase of nearly 200%:

The price of formic acid was 8016.67 yuan/ton, an increase of 5250 yuan/ton from the middle of the year, an increase of 189.76%.

The price of organic silicon was 63,866.67 yuan/ton, an increase of 33,300 yuan/ton or 108.94% from the middle of the year.

Butanediol was quoted at RMB 30,075/ton, an increase of RMB 12,750/ton from the middle of the year, an increase of 73.59%.

Acrylic acid was quoted at RMB 18,433.33/ton, an increase of RMB 7,100/ton from the middle of the year, or 62.65%.

DMF quoted at 13,800 yuan/ton, an increase of 2900 yuan/ton from the middle of the year, or 26.61%.


According to industry insiders, this round of the chemical market's rise to new highs again is mainly affected by the dual control and power curtailment policies. The National Development and Reform Commission reported at a regular press conference on the 9 provinces where the energy intensity of the first half of the year did not decrease year-on-year. Direct naming of cities and regions, the national energy conservation situation is very severe, and the chemical industry, as a high-energy-consuming industry, is also subject to extremely strict restrictions. At present, the pace of "dual control and dual restriction" has not stopped. The superposition of coal, natural gas, oil and other energy-end commodities is in urgent need, and the rise of chemical raw materials in the future will continue to spread.

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