Since the publication of the “dual control” document on energy consumption, the market price of calcium carbide has continued to rise. With the shrinking supply, the supply of calcium carbide has exceeded demand and the price has also broken through historical highs. As of the 15th, the mainstream trade ex-factory price in Wuhai area is 4600 yuan/ton, and some companies plan to leave the factory to 5000 yuan/ton tomorrow, a new historical high and a shortage of supply.
It is understood that the Ministry of Industry and Information Technology of Inner Mongolia issued a notice on the implementation of adjustments to power trading policies, with a list of restricted and pending calcium carbide companies, and stopped related companies (equipment) from participating in power market transactions.
In the appendix, there are 59 calcium carbide enterprises involved, of which 7 are in production or overhaul status, involving a production capacity of 1.594 million tons.
At present, it is understood that the effect on the calcium carbide industry is to cancel multilateral transactions, that is, the cost of electricity will increase by about 0.33 cents, that is, the cost of a single ton of calcium carbide will increase by 100 yuan/ton. The dual-control "work plan" pointed out that the cost of calcium carbide for restricted capacity increased by 0.1 yuan/ton, that is, the cost of a single ton of calcium carbide increased by 320 yuan/ton. Multiple documents continued to act on restricted capacity, resulting in an increase in enterprise cost operations. The overall cost increase of about 430 yuan/ton.
The supply of calcium carbide in Inner Mongolia has become the focus of the entire chlor-alkali industry chain. Since January, the Ulan Qab area has reduced the production load month by month. Up to now, the overall load reduction in the Ulan Qab area has been 25%-30%. The supply of goods is tight and the supply is in short supply. In the Ordos region, the news of negative load reduction began to spread last week, and the Wuhai region has also experienced load reductions. However, as of now, everyone is still waiting for the official release of the regional red head documents. The future supply of calcium carbide is expected to tighten. At present, the Inner Mongolia region The daily loss of 6700 tons/day.
On the whole, the current calcium carbide market as a whole presents a situation of insufficient supply, and the focus of the game of supply and demand is still on the contraction of supply. The rapidly rising market for calcium carbide has greatly increased the enthusiasm of enterprises to start construction, but the hard indicators of "dual control" of energy consumption have affected the continuous decrease of load, and the downward trend continues. The overall limit of production in the Ulanchabu area has become the norm at around 70%, and the Wuhai and Ordos areas have shown an increasing trend since mid-March. According to market news, specific implementation documents may be released in the near future, so the overall supply capacity of calcium carbide is expected to shrink further.
Neoprene manufacturers price increases
In March, the price of neoprene entered an upward channel, and many rounds of price increases have been implemented.
On March 5, Shanna Synthetic Rubber Co., Ltd. issued a price increase notice, SN12 and SN244X were increased by 500 yuan/ton based on the original price; on March 13, Shanna Synthetic Rubber Co., Ltd. initiated the second round of price increases, SN12, SN244X , SN24, SN23, SN322X are all increased by 500 yuan/ton based on the original price; Shanxi Huocheng Chemical Synthetic Rubber Co., Ltd. issued a price increase notice on March 15, CR121 and CR244 are increased by 1,000 yuan/ton based on the original price, and all other models Increase 500 yuan/ton from the original price.
The surge in raw material prices is the main driving factor. After the announcement of price increases by manufacturers, the market offers the same rate of increase. It is expected that under the strong support of rising costs, the market outlook for neoprene can be expected.
