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    Upstream PTA Price Increases, Shaoxing County Enterprises Also Feel "Shock" Is Not Small.

    2011/3/21 10:08:00 72

    PX Price Japan Earthquake Purchase

    $1820 per ton, which is the international price of PX in March 17th, and the day before the Japanese earthquake, the price of PX was $1600 per ton, which rose by 200 US dollars, or 12%.


    "The price of upstream PX surged, which was totally affected by the great earthquake in Japan."

    Binhai family

    PTA

    In charge of the Japanese earthquake, the head of the purchasing department of the production enterprise also closely follows the international PX price trend.


    A 9 magnitude earthquake in Japan has not only caused an impact on the Japanese economy, but also has a great impact on the import and export of textile enterprises in our county, of which the impact of chemical fiber enterprises is most obvious.

    According to the relevant data, China's PX imports depend on 30%, and the monthly PX imports are about 300 thousand tons, while Japan is China's main PX importer.


    "Due to many factors such as the closure of the deer island port in the disaster area due to the great earthquake, it is necessary to postpone the delivery of the contract and reduce the PX supply."

    A PTA production enterprise in our county has been receiving such notification from the Japanese side these days.

    Affected by the devastating earthquake in Japan, many factories in Japan's big enterprises such as Mitsui chemical, MITSUBISHI chemical, JFE iron making company and Wan Shan petroleum company have been shut down due to disasters or power outages. At present, the PX plant is known to shut down capacity of nearly million tons.


    Faced with the sudden changes in the great earthquake, it has been with the Japanese for many years.

    supply

    The enterprises concerned have to adjust their production status due to insufficient supply of raw materials.

    It is revealed that the company will make an annual overhaul in advance and reduce production. On the other hand, it will consult with PX suppliers in South Korea, China's Taiwan province and the Middle East to increase supply to ease the pressure.

    At present, the price of PX in the upstream is soaring, and the raw material purchase of PTA production enterprises has had a "sense of shock" for the first time.


    The industry believes that the impact of this wave will soon affect the chemical fiber industry of our county and increase the cost of raw material procurement.

    In March 17th, PTA stopped and rebounded, of which the stock market was East China.

    PTA Market

    The atmosphere improves and futures go up all the way.


    The operator of a chemical fiber enterprise in our county has been concerned about this information. He believes that the rising price of upstream PTA is inevitable in the short term. As a downstream chemical fiber enterprise, it will face a great impact.

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