Midstream chemical enterprises choose to actively shut down or passive shutdown

Jilin Chemical Fiber: On March 11, the announcement said that due to the recent situation of the new coronavirus pneumonia epidemic in Jilin City, in accordance with the requirements of the government's epidemic prevention and control, the flow of personnel is restricted, resulting in a lack of labor, the company's epidemic prevention and control work leadership group decided to take temporary production reduction measures from March 11, 2022.

In terms of the national chemical market, the epidemic had a relatively large impact on South China and East China, and products in chemical segments such as titanium dioxide, PTA and methanol were also affected to a greater extent.

By the general environment and the impact of the epidemic, many chemical companies were forced to stop production, or choose to take advantage of the opportunity to overhaul, reduce the load operation, etc..

Titanium dioxide: The current titanium dioxide industry starts at 81%, down 1.75% from last week. Northeast, East China, South China and other large national outbreaks, the impact on logistics. Some producers suggest that users place orders early, do 1.5-2 times the safety stock budget, and be prepared for extended logistics timeframes.

PTA: This week's domestic PTA weekly average opening rate was 72.11%, compared with last week -0.96%. Zhapu area delivery is more nervous, part of the goods are in the state of the port to be sent, downstream polyester weekly average opening of 92.64%, compared with last week -0.58%.

It is reported that the recent PTA plant overhaul more, capacity utilization has been at the low point of the year. Yisheng Ningbo 2 million tons of PTA restart time postponed to be determined, Yisheng new materials two sets of devices to maintain a set of half run, Fu Hai Chuang 4.5 million tons in early March down to 80% operation, Yizheng Chemical Fiber 350,000 tons of devices in early March parking, Hengli Petrochemical 4 line 2.5 million tons in March 10 began to overhaul;

Yangzi Petrochemical 650,000 tons, Zhuhai Yinglis 1.25 million tons of PTA devices in late March are scheduled to overhaul. Hengli Petrochemicals Line 1, Jiaxing Petrochemicals and other devices planned for overhaul in April.

In the current domestic epidemic repeated, transport obstruction, coupled with the international situation is unstable, the domestic part of the chemical subdivision of the start rate or again appear to decline.

At that time there will be more midstream chemical enterprises choose to actively shut down or passive shutdown, in the "price tide" has not been extinguished, "cut production tide" "break tide" gradually rise, the domestic coating industry is facing The supply and demand side of the attack.