The recent price increase in the chemical market has been "outrageous", but there are some reasons for it. Let’s not talk about the epidemic and typhoons. The upstream maintenance season is small, and the gold, nine, and silver ten are approaching. The downstream demand is large, and the freight and sea freight have skyrocketed. It is really a two-way supply and demand. Pulling, freight assistance, the price of chemical products soaring.
Overhaul and price increase in major factories
Mitsui Chemicals said that the price of Sinopec Mitsui's acetone sold by it was raised by RMB 250/ton to RMB 5,750/ton, which will be implemented on August 9. The 400,000 tons/year phenol and ketone plant is running smoothly, the manufacturer arranges the goods according to the plan, and the inventory is reasonable.
Gaoqiao Petrochemical’s acetone ex-factory price was raised by RMB 250/ton to RMB 5,750/ton, which will be implemented on August 9; the 240,000-ton/year phenol ketone plant is operating smoothly, the manufacturer arranges goods as planned, and the inventory is reasonable.
Shaanxi Yanchang Petroleum Kaiyue Coal Chemical's 700,000-ton methanol plant began to shut down for maintenance at noon on August 9, with a planned maintenance of 40-50 days.
The production equipment of Sichuan Meifeng Chemical Technology Co., Ltd. was shut down for maintenance and optimized and eliminated. The time for maintenance and start-up and shutdown is expected to be about 20 days.
Qixiang Tengda announced that the routine maintenance of the 100,000-ton/year methyl ethyl ketone unit is scheduled to start on August 10 and is expected to be shut down for 35 days, saying that it will not have a major impact on the completion of the company's annual production and operation plan.
Shenyang Waxed Acrylic Acid and Ester are operating normally. Today's price adjustment of acrylic acid and esters: 15200 for acrylic acid, 19400 for butyl acrylate and 16900 for ethyl acrylate. (Unit: Yuan/Ton)
Ordos Jinchengtai's methanol plant is currently operating normally, and its methanol quotation has been raised to 2,210 yuan/ton, and shipments remain to be seen.
Daqing Zhonglan Petrochemical’s propylene plant was shut down for maintenance around July 26 for a period of 40-45 days. There is no quotation for propylene.
Bluestar Harbin Petrochemical’s ex-factory price of acetone increased by 200 yuan/ton to 6200 yuan/ton, which will be implemented on August 9; the 140,000 tons/year phenol ketone plant is operating at full capacity, the manufacturer has no inventory, and the supply is mainly to core users.
Malaysia Lotte Chemical Titan started to overhaul the No. 1 cracker (272,000 tons of ethylene + 150,000 tons of propylene) at Pasir Gudang on August 3. The maintenance time is about 35 days.
It is reported that Zhejiang Petrochemical's No. 2 atmospheric decompression unit stopped, and No. 1 and No. 3 were opened. The previous three sets opened 80%, and now the two sets opened 100%. Aromatic No. 2 is too much, and styrene PX will have an impact.
Both land and sea freight rates have skyrocketed
1. Sea freight rises
As the domestic epidemic prevention and control become more and more normalized, foreign trade has ushered in a recovery. However, starting from August 5, the port pressure for some export containers has jumped three times in the past three months, and freight rates have risen six times year-on-year.
According to the news: from June 10th to July 14th, the 20-inch small box was only 1200 US dollars, from July 15th it reached 2000 US dollars, from August 5th to now it has reached 3,600 US dollars, which is a three-fold increase in the middle. The price, the freight from Shanghai to Rotterdam soared 6 times year-on-year.
2. Land transportation rises
A few days ago, affected by the spread of the epidemic in many places across the country, Jiangsu Province has closed 57 expressway exits, and 57 expressway toll gates in 7 cities including Nanjing, Huai'an, Yangzhou, Taizhou, Nantong, Suzhou, and Xuzhou have been temporarily closed.
Affected by the traffic control of the epidemic, in addition to requiring a nucleic acid test report within 48 hours, it is also necessary to apply for a pass. Even some areas require more transportation vehicles from Nanjing, which has caused a greater impact on supply, transportation, and loading and unloading. pressure. It is understood that transportation costs have risen by about 15%, and in some places even by about 50%, but even so, drivers are still difficult to find. Many drivers worry that if they go to a medium-high risk area, it will affect them to go to other places.
Source: Mobile Public Account
