Recently, commodity prices and domestic PPI trends are the focus of market attention. At the recent press conference of the State Council Information Office, a spokesperson for the National Bureau of Statistics said that the high international commodity prices will continue for some time. In the first half of the year, commodity prices rose sharply, and it is estimated that the price growth rate in the second half of the year will fall, but the absolute price level will remain at a high level.
Since August, titanium dioxide, emulsion, glue, and filler companies have sent letters to increase the price, and the chemical market has been booming. Some chemicals rose by 11,000 yuan/ton in the month, and lithium carbonate increased by 4,500 yuan/ton each day, refreshing everyone’s understanding. Many people said that this year's "Golden Nine and Silver Ten" peak season has arrived ahead of schedule, and the rhythm of grabbing goods will begin again.
Mi Tu Shi:
From August 25, the sales price of engineering products will be increased by 5%-15%, and the sales price of thermal insulation integrated boards will be increased by 3%-10%.
Astronergy:
From August 26, the external wall coatings will be increased by 4%-17%, the internal wall coatings will be increased by 7%-19%, the Kiev materials will be increased by 4%-14%, the floor coatings will be increased by 4%-14%, and the finished board will be adjusted. 2%-11%, adjust 4%-11% on the insulation board.
De Aiwei (China) Co., Ltd.:
Since September 1, the nationwide omni-channel and full-line products have risen by about 3%-15%.
Guke Energy Saving:
Starting from August 13th, latex paint will be increased by 5%-15%, multicolor stone will be increased by 5%-15%, real stone paint will be increased by 5%-15%, texture paint will be increased by 5%-15%, and integrated board will be increased by 5%-15%. , Auxiliary material products are raised by 5%-20%.
Three trees paint:
From the 25th, the increase of exterior wall coatings by 5-18%, interior wall coatings by 8%-20%, Kiev material products by 5%-15%, floor coatings by 5%-15%, and integrated boards by 3%-12. %, adjust 5%-12% on the insulation board.
Guangdong Bardez Chemical:
From August 20, the imitation stone coatings will be increased by 10%-20%, the interior and exterior wall latex paints will be increased by 10%-25%, the floor coatings will be increased by 15%-20%, and the Kiev products will be increased by 10%-20%.
Fumin Longteng Titanium Industry Co., Ltd.:
From now on, the domestic market of titanium dioxide will be raised by 1,000 yuan/ton, and the international market will be raised by US$200/ton.
Wanhua Chemical Emerging Technology Division:
From August 17th, ordinary styrene-acrylic emulsion will be increased by 200-300 yuan/ton, modified styrene-acrylic emulsion will be increased by 200-300 yuan/ton, elastic/waterproof emulsion will be increased by 300-500 yuan/ton, and pure acrylic emulsion will be increased by 200-300 yuan. Yuan/ton.
Shenzhou Schwab Chemical:
Starting from August 16, the price of precipitated barium sulfate will be increased by 200 yuan/ton from the original price.
Hangzhou Zhijiang Organosilicon Chemical Industry:
Starting from August 16, all silicone rubber products for construction will increase by 5%-10%.
Huyi Chemical in Cangzhou Bohai New Area:
On the basis of the price list on July 28, general styrene-C products will be increased by RMB 200-300/ton, real stone paint products will be increased by RMB 250-350/ton, elastic/waterproof products will be increased by RMB 400-500/ton, and high-grade pure C products will be increased by RMB 400-500/ton. 200-300 yuan/ton.
Fujian Zhanhua Chemical Industry:
Starting from August 13th, the price of "Zhanhua" brand ammonium persulfate will be increased by 500 yuan/ton, sodium persulfate will be increased by 300 yuan/ton, and potassium persulfate will be increased by 500 yuan/ton.
Dalian Chemical Industry (Jiangsu):
Starting from August 13, VAEP rubber powder 6 series will increase by 300 yuan/ton.
Bardford Group:
The price of waterproof product line will be raised again by 350-500 yuan/ton on the basis of July 27.
Guangdong Milando Chemical:
From the 15th, all products will be fine-tuned 0.5-1.5 yuan/kg based on the current cooperation.
In addition, the prices of some chemical raw materials continue to rise.
Lithium hydroxide: The price is 110666.67 yuan/ton, an increase of 11,000 yuan/ton from the beginning of the month.
Lithium carbonate: The current price is 97,500 yuan/ton, a daily increase of 4,500 yuan/ton, and an increase of 9,300 yuan/ton from the beginning of the month.
Butylene glycol: The price is 28875 yuan/ton, which is an increase of 3125 yuan/ton from the beginning of the month.
Rutile titanium dioxide: The price is 21,100 yuan/ton, an increase of 3,100 yuan/ton from the beginning of the month.
Dimethyl carbonate: The price is 11,000 yuan/ton, an increase of 2,740 yuan/ton from the beginning of the month.
Polysilicon: The price is 132666.67 yuan/ton, which is an increase of 2666.67 yuan/ton from the beginning of the month.
DMF: The quotation is RMB 15,325/ton, which is an increase of RMB 2,300/ton from the beginning of the month.
Bisphenol A: The price is 27,000 yuan/ton, an increase of 1,700 yuan/ton from the beginning of the month.
Epichlorohydrin: The price is 14,000 yuan/ton, an increase of 1,100 yuan/ton from the beginning of the month.
Silicone: The East China market price was 31800 yuan/ton, an increase of 1066 yuan/ton from the beginning of the month, and Luxi Chemical's price was 32,100 yuan/ton. At present, three organic silicon monomer plants in South China have announced temporary closures. Most companies in this round of price increases have increased between 5% and 10%, and nearly half of the companies said that they will only accept cash orders for next orders, and a single Negotiate pricing policy.
Liquid epoxy resin: The quotation is 33,000 yuan/ton, an increase of 933.33 yuan/ton from the quotation at the beginning of the month.
Butyl acrylate: The price was 19,300 yuan/ton, an increase of 840 yuan/ton from the beginning of the month.
Acetone: The quoted price is RMB 5,800/ton, up RMB 800/ton from the beginning of the month.
Wanhua Chemical Propylene Oxide: The price is 17,700 yuan/ton, an increase of 400 yuan/ton from the beginning of the month.
PA66: Henan Shenma EPR27 products are quoted at 40,500 yuan/ton, up 700 yuan/ton, Japan's Asahi Kasei 1300S product Boaga 51,000 yuan/ton, daily up 1,000 yuan/ton, DuPont 101L continues to be out of stock.
Regarding the reasons for the continued high prices of bulk commodities, a spokesperson for the Bureau of Statistics said that three factors continue to exist, and that the high prices of international bulk commodities will continue.
First, the global economy is recovering as a whole, and market demand is increasing.
This can be clearly seen from the recent trend of the titanium dioxide industry. The epidemic in some overseas countries and regions is under control, and the economy is gradually recovering. At the same time, the United States passed the $1 trillion "Infrastructure Investment and Employment Act", which will invest huge amounts of money to rebuild roads, broadband Internet, and water supply systems. As well as the public engineering system, this will also bring a boost to the chemical industry, and my country's low-end and medium-end industrial chain is relatively complete, so the increase in overseas demand has a strong pull on my country's chemical market. In the stock market, an increase in orders is tantamount to announcing shortages of supplies and price increases.
Second, the major raw material producing countries have tight supply of bulk commodities due to the epidemic and other factors, especially the tight international shipping capacity and rising prices, which have pushed the prices of related commodities to remain high.
Whether it is the closure, city closure, and factory closure of manufacturing countries such as Vietnam, Cambodia, India, and Laos in Southeast Asia, or the fuse of flights in many countries and regions around the world, the suspension of services, or even the suspension of services at domestic ports such as Ningbo Zhoushan Port, the world Shipping has suffered heavy losses. Freight rates have hit a record high for many years and a box is difficult to find. This has further promoted the shortage of supply in the chemical industry and the result of continued high prices. The "not enough" in the transportation link has also seriously hindered the pace of production and sales in the chemical industry. With supply in short supply, prices have risen.
Thirdly, due to the relatively large fiscal stimulus of some major developed economies and the relatively abundant currency liquidity, the pressure of rising prices of bulk commodities has been increased.
Since last year, affected by the epidemic, global economic development has slowed down. In order to save the domestic economy, the United States has released water to the domestic market. So far, the country has released nearly $6 trillion in water. Other countries have also followed the pace and introduced loose monetary policies. Only the four major banks in the world—the Federal Reserve, the European Central Bank, the Bank of Japan, and the Bank of England—have invested US$5.6 trillion in quantitative easing in 2020. Stimulated by the large-scale release of central bank currencies, the US dollar index plummeted, which also pushed up the prices of commodities. At the same time, imported inflation also caused a sharp rise in my country's price level.
Due to the above three reasons, the prices of domestic chemical products and other bulk industrial products have risen rapidly, and the return of overseas orders has led to a reduction in inventory in the market and queues for orders. If these three factors are not completely improved in the short term, it is indeed difficult for the prices of bulk commodities to pull back quickly. The increase in commodity prices will be transmitted to the first level, and the high value of PPI will gradually drive the increase of CPI, and eventually the rising prices will be transmitted to the consumer end of the terminal residents, causing the entire industrial chain to rise simultaneously, which will cause corresponding economic stability. Impact.
Source: Mobile Public Account
