Jiangsu'S Chain Reaction Led To Huge Market Shocks, Spinning Raw Materials Soaring, Thousands Of Enterprises To Stop Production

It is understood that the first chemical giant Wanhua chemical latest announcement said: according to the characteristics of the chemical enterprise production process, in order to ensure the safe and effective operation of the production device, according to the annual maintenance plan, the Yantai Industrial Park PDH plant (750 thousand tons / year) will start the car maintenance in April 1, 2019, and it is expected to overhaul about 20 days.

During this period, other production facilities in Yantai Industrial Park were operating normally.

MDI price doubled

In March 28th, the MDI price of Wanhua chemical April will be raised again.

The Wanhua chemical China regional aggregate MDI distribution market has a listing price of 17800 yuan / ton (up to 2600 yuan / ton than the March price), the selling price of the direct selling market is 18300 yuan / ton (up to 2800 yuan / ton than the March price), and the pure MDI listing price is 26200 yuan / ton (up 1500 yuan / ton than the March price).

This is the third price increase of Wanhua chemical MDI since its opening in 2019.

Previously, Wanhua chemical has said that the MDI price of 15000 yuan ~18000 yuan / ton is a relatively comfortable price range for the market, enterprises and terminal customers.

According to relevant data, from December 25, 2018 to March 25, 2019, the price of aggregated MDI dealers in East China increased from 11575 yuan to more than 15000 yuan in 3 months.

According to the three quarterly report of Wanhua chemical, the company still has 8 billion yuan in stock.

With the sharp rise of raw material MDI in the upstream, the current polyurethane TPU and other products are also rising due to rising costs. Shanghai Heng An polyurethane Limited by Share Ltd recently issued the circular letter: "since the Spring Festival, the price of pure MDI of upstream raw materials has risen sharply for two times in a row, and the supply is tight. The cost of polyurethane TPU products has been rising continuously, so as to maintain the normal operation of the company, and ensure the stable supply of downstream products. Since March 28, 2019, the price of each brand of Heng An has been raised by 1000 yuan / ton.

Compared with the impact of the Jiangsu explosion on Wanhua chemical, many dye intermediates are the most direct undertakers. After launching a nationwide safety inspection, some areas will face emergency shutdown.

Thousands of enterprises to limit production

Up to now, thousands of enterprises in 7 regions, such as Henan, Zhejiang, Jinhua, Yancheng City, Suzhou, Suqian, Weifang and Dongguan, have implemented the policy of stop production.

The major impact of the accident, coupled with the emergency shutdown of some enterprises, led to a sharp rise in market dye and some raw materials prices.

Zhejiang Longsheng is currently the "largest" supplier of benzene two amine in the industry. Recently, the price of core intermediate two amine increased by 4 days and 3 trading.

It is understood that since the "3. 21" explosion in Jiangsu, not only the impact of dyes, some scarce products also affect the price of resins, adhesives, pesticides.

Some manufacturers stopped offering quotations.

On the stock market, the dye coating plate rose from 3147.17 in March 21st to 3425.53 in March 27th, and the rate of increase rose to 8.84%.

Experts analyzed that the price of PVA powder rose from March 28th onwards due to the excessive increase in raw materials, and the current market quotation was 16500 yuan / ton.

The following is part of the letter of increase.

Dye enterprises set off price surges, and Guangdong, Fujian and Zhejiang issued 7 notices of price increase.

A number of dyeing and printing charges in Changle, Fujian

In March 26th, 2 printing and dyeing enterprises in Changle, Fujian issued a price notice at the same time, for the same reason, the cost of dye was rising, and the cost of dyeing and finishing was adjusted to maintain normal production.

Roughly 2 of the printing and dyeing enterprises are basically the same.

The minimum increase was 200 yuan / ton on the basis of the original dye fee and 500 yuan / ton on the basis of the original dye fee.

The printing and dyeing enterprises in Fuzhou, Fujian, in March 23rd, adjusted for the increase in dye fees. The price increase was basically the same as that of Changle printing and dyeing enterprises.

The dye up fee of 3 dyeing factories in Hangzhou, Zhejiang

The cost of dyeing auxiliaries and other costs are rising, which is basically affected by dyeing plants. At present, the cost of dyeing auxiliaries, equipment renewal and environmental protection investment has caused great pressure on printing and dyeing enterprises.

Since March 23rd, 3 printing and dyeing enterprises in Hangzhou, Zhejiang have also adjusted the dyeing and finishing processing fees. They have been observed from the price category of printing and dyeing enterprises, basically covering all kinds of cloth production, and polyester fabrics are not spared.

Guangdong's dyeing and finishing fee has increased a lot.

Basically determined in dark colored cloth, dark cloth category because of the large proportion of dye consumption, the current production cost is very high, dye up to 1000-2000 yuan / ton.

Benzene two amine price rises crazily!

It is pointed out that the market price of benzene two amine is between 45 thousand yuan / ton and 50 thousand yuan / ton before the explosion.

But on the two day after the accident, the price of benzene two amine in the market rose to 8-9 yuan / ton.

Statistics show that in March 27th, the price of domestic benzene two amine has reached about 100 thousand yuan / ton.

In March 27th, Zhejiang Longsheng group Limited by Share Ltd announced that the Jiangsu Tian Jiayi Chemical Co., Ltd., which exploded in the afternoon of March 21st, has an annual capacity of 10 thousand tons of inter benzene two amine. It is the second largest production plant after Zhejiang Longsheng in the industry.

The explosion will affect the market capacity of benzene amine two, which is about 25%, which will directly lead to shortage of supply and price increase.

Liquid chlorine prices go up sharply.

In recent days, the price of liquid chlorine has been raised by 150-300 yuan / ton, the factory price is about 50-350 yuan / ton, the market price is raised by 75-125 yuan / ton, and the market price is 50-325 yuan / ton.

Today's increase is as high as 197.03%, ranking NO.1 in the list of ups and downs.

As of today, the price of liquid aluminum chloride is 350 yuan per ton, compared with the beginning of the month, it has risen by 300 yuan / ton.

Regional dynamics

Shandong area:

Hebei Market:

Jiangsu area:

Henan area:

The price of liquid chlorine is stable, and the price of the liquid is 300-400 yuan / ton, and the price is 100-200 yuan / ton.

High prices have a certain decline, the downstream procurement volume has decreased, but due to the price of caustic soda down, the price of liquid chlorine is difficult to drop.

Industry experts predict that this round of chemical market may continue to rise to the end of the two quarter.