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The risks of “thunderstorms” of three bankruptcy of the United States swept the world. At this time, everyone was seeking the security of funds. The risk aversion has risen, and there are two extremes in the price trend of goods: on the one hand, the energy chemicals represented by crude oil have fallen, and on the other hand, precious metals represented by gold rose all the way.

More than 30 chemical products fell
According to incomplete statistics, since March, more than 30 kinds of chemical raw materials prices fell.

The price of TGIC in mid -March was 27,000 yuan/ton, a decrease of 3,000 yuan/ton from the price in early March, down 10.00%;

Soy oil was 8,166 yuan/ton in mid -March, a price of 874 yuan/ton from the price in early March, down 9.67%;

The Butyl acrylate was 9,383 yuan/ton in mid -March, a decrease of 967 yuan/ton from the price in early March, down 9.34%;

Ethylene glycol was 4,040 yuan/ton in mid -March, a decrease of 230 yuan/ton from the price in early March, down 5.39%;

TDI was 17,766 yuan/ton in mid -March, a decrease of 1,000 yuan/ton from the price in early March, down 5.33%;

The acrylic acid was 7183 yuan/ton in mid -March, a decrease of 383 yuan/ton from the price in early March, down 5.06%;

Dimethyl carbonate was 16,250 yuan/ton in mid -March, a decrease of 798 yuan/ton from the price in early March, down 5.06%;

It can be seen that whether it is the resin industry chain, the emulsion industry chain, and the solvent industry chain, the market is relatively sluggish.

Many coating companies said that although this year’s market is better than the sealing control over last year, but there are still fewer orders in the first quarter, and the cooperation in engineering projects has shrunk a lot. This also explains the phenomenon of why coating companies have raised their prices less this year, and secretly “concession” in private.

The big factory adjusts the price!
It has been mentioned that in order to cope with the cold market, many manufacturers choose to stop production and repair. In order to clear the inventory, many chemical companies have announced the price of products, including phenols, gcentic acid, dichlorolytine, isotoninaldehyde , Alcohol, etc., most of the reasons are weak upstream cost support and short -term expectations of downstream markets.

Takahashi Petrochemol price is reduced by 200 yuan/ton;

Sinopec Mitsui phenol sold by Mitsui Chemica price is reduced by 200 yuan/ton;

Yangzhou Shiyou phenol price is reduced by 200 yuan/ton;

Lihua Yiweiyuan chemical phenol products factory price is reduced by 100 yuan/ton;

The price of China Blue Star Harbin Petrochemical phenol is reduced by 300 yuan/ton;

Shanxi Gaoping Chemical furfuryl alcohol price is reduced by 200 yuan/ton;

Oweiganeng coke chemical calcium carbide price fell 50 yuan/ton;

Hualu Hengsheng adipic acid listed price is reduced by 200 yuan/ton;

Shandong Jinling dichloromethane dispersed water factory price is reduced by 100 yuan/ton;

Shijiazhuang Baipo Zhengyuan iquid ammonia price is reduced by 50 yuan/ton;

Changzhou Xinyang anhydride price is reduced by 50 yuan/ton;

Ji ‘nan Ao Chen Chemical sales of Wanhua new pentadiol price is reduced by 800 yuan/ton;

Shandong Lihuayi Group isobutyraldehyde price is reduced by 200 yuan/ton;

Shandong Lihuayi Group isoctyl price is reduced by 100 yuan/ton;

Shandong Hualu Hengsheng Liquid ammonia price is reduced by 50 yuan/ton …

How long will this continue? It’s hard to say. and today, Amazon, an American e -commerce giant, announced that it has made 9,000 more layoffs. Previously, the company had decided to lay off 18,000 people in order to reduce costs. From the perspective of employment and exports, the situation is not optimistic.


Post time: Mar-23-2023