Raw Materials Soared to 210,000 Yuan / ton! The Price of Chemical Raw Materials Has Been Raised Collectively!

Recently, Bardex issued a notice on the price increase of decorative paint products, saying that starting from March 25, all kinds of decorative paint products will increase by 3%-10%, and said that due to the tight inventory of raw materials in various factories, all stocking orders must be in cash.

At the same time, a number of domestic and foreign chemical companies issued price adjustment notices, saying that due to the rise in crude oil and the force majeure of upstream raw materials, they announced an increase in the prices of resins, titanium dioxide and other products.

Chemical companies such as Dow and Ishihara continue to raise prices!

BASF: Starting from April 1, the prices of polyoxymethylene resin (POM) and composite resins in the Asia-Pacific region have been raised to US$350/ton without tax (approximately RMB 2,500/ton including tax).

Dow: Increase the price of 15 types of special resin products including EVA, MMA, copolymer alloys, copolymers, polymer modifiers, polyolefin elastomers, etc. in the Asia-Pacific region by $300/ton (about 1893 CNY/ton) Ton).

Denka Co., Ltd. of Japan: Starting from March 10, the price of ABS resin, PC/ABS alloy, DenkaIP, transparent resin and other products will be increased by more than 20 yen/kg (about 1093 CNY/ton).

Official website of DIC Co., Ltd.: From April 1, GPPS, HIPS, styrene and other products will be increased by more than 17 yen/kg (about 928 CNY/ton).

SKGC: From March 15th, the price of PRIMACOR™ series EAA products will be raised in an all-round way, with a direct increase of US$250/ton (about 1,577 CNY/ton).

ISK Ishihara, Japan: Since April 1, the price of TIPAQUE™ series titanium dioxide has increased by US$300/ton (about 1893 CNY/ton).

DSM Engineering Plastics: Greater China further raised the price of Xytron™ (PPS) by RMB 7,400/ton (excluding tax).

Ultra-color environmental protection new material: From March 2, the domestic price of anatase titanium dioxide will be increased by 600 CNY/ton, and the base price of foreign sales will be increased by 100 US dollars/ton

Panzhihua Zhengyuan Technology: From March 3, the price of anatase titanium dioxide will be increased by 600 CNY/ton.

Baichuan Chemical: Price increase from March 15, 2022.

Polyplastics: The price of all LCP (liquid crystal polymer) products in the LAPEROS® series has been raised, with a maximum increase of 15,817 CNY/ton! Ei, GA, T grade products will increase by 1.5 US dollars/kg; S grade products will increase by 2.5 US dollars/kg; other grade products will be increased by 2 US dollars/kg.

It is worth noting that the recent "appearance rate" of these chemical companies is not low! Many chemical giants such as BASF, DuPont, and DIC have frequently raised their prices since the beginning of the year.

Soaring 210,000 CNY/ton! More than 100 kinds of chemical products have increased in price

The increase in the price of chemical industry leaders has not only played a leading role as a weather vane for many companies in the industry, but also heralded the future direction of the entire industry. In retrospect, since the beginning of this year, the price increase has never stopped, and a variety of chemical products have taken advantage of the trend. It seems that they are in a competition. % doubled, it is really difficult to "parry".

Wanhua Chemical's polymerized MDI products have risen twice in a row, and the current quotation has increased by 4,300 CNY/ton compared with the beginning of the year.

The price of lithium hydroxide was 430,000 CNY/ton, an increase of 213,333.33 CNY/ton compared with the beginning of the year, an increase of 98.46%. At present, there are no large-scale shipments on the market. Manufacturers supply more old customers and receive a small number of new orders. It is difficult to relieve the tight supply situation in the market, and the daily increase of 5,000 CNY/ton is basically maintained.

The price of butadiene was 8511.25 CNY/ton, an increase of 4059.82 CNY/ton compared with the beginning of the year, an increase of 91.20%. At present, Fushun Petrochemical has no resources for export, and Jiangsu Sierbang suspends the quotation.

The price of lithium carbonate was 456,600 CNY/ton, an increase of 190,600 CNY/ton compared with the beginning of the year, an increase of 71.65%. There is still a gap in the lithium carbonate market, and prices will remain high.

The quotation of potassium chloride was 4833.33 CNY/ton, an increase of 1943.33 CNY/ton compared with the beginning of the year, an increase of 67.24%. The domestic spot market is tight, the domestic inventory is relatively low, and the supply is in short supply. It is expected that the potassium chloride market will be consolidated at a high level.

The price of isobutyraldehyde was 15133.33 CNY/ton, an increase of 5400 CNY/ton compared with the beginning of the year, an increase of 55.48%. Shandong Hualu Hengsheng Chemicals rose by 600 CNY/ton, Lihuayi rose by 500 CNY/ton, and some companies in Shandong have offered quotes that have exceeded 15,000 CNY/ton.

The price of silicone DMC was 37,300 CNY/ton, an increase of 11,500 CNY/ton compared with the beginning of the year, an increase of 44.57%. With the gradual recovery of the overseas economy, the export demand for organic silicon is relatively strong, and the demand is obviously driven, and the price is expected to continue to rise.

The price of lithium iron phosphate is 150,000 CNY/ton, an increase of 45,000 CNY/ton compared with the beginning of the year, an increase of 42.86%. The center of gravity of the upstream market is high, the cost of lithium iron phosphate is relatively high, the supply side is insufficient, and the focus of negotiation is high.

The price of toluene was 7950 CNY/ton, up 2369.6 CNY/ton from the beginning of the year, or 42.46%.

The price of mixed xylene was 8290 CNY/ton, an increase of 2430 CNY/ton compared with the beginning of the year, an increase of 41.47%.

The price of neopentyl glycol was 19,000 CNY/ton, an increase of 4,750 CNY/ton compared with the beginning of the year, an increase of 33.33%.

Isooctanol was quoted at 12966.67 CNY/ton, up 2833.34 CNY/ton from the beginning of the year, or 27.96%.

The price of n-butanol (industrial grade) was 10,500 CNY/ton, an increase of 2,266.67 CNY/ton or 27.53% from the beginning of the year.

The quotation of aniline was 12,666.67 CNY/ton, an increase of 2,733.34 CNY/ton or 27.52% over the beginning of the year.

The quotation of DOP was 12,450 CNY/ton, an increase of 2,675 CNY/ton or 27.37% over the beginning of the year.

The price of PX was 8500 CNY/ton, an increase of 1800 CNY/ton compared with the beginning of the year, an increase of 26.87%.

The quotation of melamine was 12,166.67 CNY/ton, an increase of 2,500 CNY/ton or 25.86% over the beginning of the year.

The price of propane was 7163.25 CNY/ton, an increase of 1382.5 CNY/ton compared with the beginning of the year, an increase of 23.92%.

The price of OX was 7800 CNY/ton, an increase of 1500 CNY/ton compared with the beginning of the year, an increase of 23.81%.

The price of sulfuric acid was 788.33 CNY/ton, an increase of 143.33 CNY/ton or 22.22% over the beginning of the year.

The price of acrylic acid was 16033.33 CNY/ton, an increase of 2833.33 CNY/ton compared with the beginning of the year, an increase of 21.46%.

The price of TDI was 19,075 CNY/ton, an increase of 3,075 CNY/ton or 19.22% over the beginning of the year.

The price of epichlorohydrin was 18866.67 CNY/ton, up 2866.67 CNY/ton compared with the beginning of the year, or 17.92%.

The price of polysilicon was 196,000 CNY/ton, an increase of 20,000 CNY/ton or 11.36% over the beginning of the year.

Bromine was quoted at 56,666.67 CNY/ton, up 3,523.81 CNY/ton from the beginning of the year, or 6.63%.

The shortage and rising prices of coal, oil and natural gas have not only driven up the prices of chemical products in their respective industrial chains and derivative industrial chains, but also driven up the prices of electricity and gas, making the production of domestic chemical, industrial and other almost all industries. Operating costs are soaring rapidly. Whether it is the high-profile letter of nearly 100 paint and chemical companies announcing the price increase, or the low-key notification of small and medium-sized enterprises to customer groups about price increases, the final result is that price increases are passed down step by step, and the industry chain Eventually a tide of rising prices formed.