BASF Takes The Lead In Raising Prices. A Variety Of Chemical Raw Materials Have Gone To The End.

Recently, Saudi Arabia announced that it would voluntarily reduce output by 1 million barrels outside the OPEC+ plan in order to maintain the stability of the global energy market. For a time, oil prices rose violently, and WTI crude oil futures rose sharply from 4%.

The rally is fierce. Chemical products are on the rise! Price rebound war started!

Chemical prices plummeted in the first quarter of this year. Even some manufacturers say frankly that they can't do business (epidemic + inventory backlog). Entering the May, the chemical market finally swept away the haze. With the May 1 demand warming up, the rebound war started.

According to the monitoring of 64 important chemical products, the vast majority of products are on the rise, and the increase is generally impressive. Up to 48 varieties rose, accounting for 75%; 7 varieties fell, accounting for only 10.9%; 9 products were flat, accounting for about 14.1%. The top three products were MMA (17.07%), nylon (14.36%) and cyclohexanone (12.96%).

This piece of red really makes the chemical people look forward to it, crying with joy.

The epoxy resin industry chain is rising all the way! Up to no stock!

The return of the holiday in May has attracted the attention of the chemical industry. Pull up nearly 2 thousand yuan!

Last week (May 4th -10), the overall market of epoxy resin increased, and the price of ton increased by nearly two thousand yuan. As of last Friday (8), the market price of epoxy resin was about 9900-10300 yuan / ton, the price rose nearly 700 yuan / ton before the festival, and the negotiable price of East China liquid resin was 18000-18800 yuan / ton, the price rose nearly 2000 yuan / ton before the festival, and the price of solid epoxy resin negotiated at 13300-13700 yuan / ton. Domestic equipment has been stable in operation, and the factory is mainly based on delivery orders. An epoxy resin enterprise official said, at present, it is all known as "no goods", because it believes that this rally will continue, only waiting for the price to push up and take the opportunity.

After the holiday in May, bisphenol A rose linearly, rising nearly 1000 yuan. In May 12th, the price of bisphenol A was stable, and Sinopec MITSUBISHI offered 10000 yuan / ton.

Soaring oil prices, upstream benefits, downstream infrastructure construction, upgrading the industrial chain recovery rate, and gradually recovering the economy will play an important role in the promotion of epichlorohydrin.

TDI is out of stock! BASF takes the lead in raising prices.

TDI market prices surged forward after the festival, breaking through 10000 yuan per ton. In May, the giant had a general overhaul plan, and said that TDI was out of stock and pushed TDI up.

BASF Shanghai says failure due to factory April plus Planned maintenance in May, TDI was seriously out of stock and decided that the settlement price of May should be no less than 10200 yuan / ton.

The latest price of the TDI is 10600 yuan / ton, up to 500 yuan / ton, and the device is running at high load. It is expected to be overhauled in mid and late 5 months for about 3 weeks.

Flakes of soda can't brake.

After a wave of operation before the festival, the price of the tablet market rose as expected, and the mainstream manufacturers generally rose at 100 yuan / ton, while littoral prices rose 300 yuan / ton, or up to 15%.

The latest quotation of caustic soda in May 12th is as follows:

On the other side, the price of liquid caustic soda is also rising. In May 12th, some of the price of liquid alkali is as follows:

First, the king's products: 1.30% liquid base price rose 20 yuan, the implementation of the current exchange of 440 yuan / ton, acceptance of 450 yuan / ton; 2.48% liquid base price rose 20 yuan, the implementation of the current foreign exchange 750 yuan / ton, acceptance 770 yuan / ton, according to the plan shipment.

Thirteen family enterprises stop maintenance!

At the same time, entering the year, some enterprises ushered in a new round of maintenance arrangements. According to incomplete statistics, at present, 13 enterprises have stopped overhauling, involving 3 million 520 thousand tons of capacity.

In the past, parking overhaul would result in tight supply. I wonder if this enterprise maintenance can drive the chemical market to stabilize this rally?

Is the price rising really coming?

The chemical market has finally swept away the haze and "see the sun again". Is the rising market strong enough to show that the new wave of price rises will be strong?