Shoddy Cloth With Poor Quality Masks: The Industry Chain Will Be Turned Back In A Week.

Under the persistent epidemic situation, the problem of poor quality masks began to highlight. In early April, Beijing seized 120 thousand poor quality masks. A few days ago, Hubei Xiantao also destroyed about 1000000 unqualified masks.

Behind the bad masks, there is a complete industrial chain. In twenty-first Century, the economic news reporter learned that in order to get huge profits, the core filter material, melted spray cloth, is the most important part of masks, and some enterprises are "inferior" and replaced by inferior melted spray cloth with poor protective effect.

The so-called inferior melt blown fabric is replaced by ordinary polypropylene fiber material which is cheaper in price, replacing the melt blown grade fiber material with a small scale melt blown machine of 300 thousand yuan per unit. In the end, the melt blown fabric with only forty or fifty percent filtration efficiency was produced without electret treatment.

It is precisely because of the spoiling of inferior melt blown cloth that the whole industry chain has been thrown into confusion recently, including its upstream raw materials such as polypropylene, propylene and other chemicals.

In April 10th, the price of propylene market was 5900-5950 yuan / ton, and it rose to 8000 yuan / ton on the 12 day.

Under the influence of soaring propylene prices, the downstream industry suffered a total loss. According to the price of 8000 yuan, the loss of propylene oxide per ton was 550 yuan, the loss of n-butanol was 1650 yuan, the loss of octanol was 1800 yuan, and the loss of acrylonitrile was 4200 yuan. Even some enterprises have begun to sell propylene as raw material.

The normal melt blown fabric requires 1500 melt blown special materials, plus the electret master batch and the electret process to further improve the filtration efficiency. - Gan Jun photo

Come back in a week.

The normal melt blown fabric requires 1500 melt blown special materials, plus the electret master batch and the electret process to further improve the filtration efficiency.

The shortcoming is that the equipment is invested heavily, the production capacity is long, and the cost of melt blown special material is high. But driven by profiteering, these problems are no longer a problem.

Until April 14th, there was still a melted spray production line on the internet purchasing platform, with a price ranging from 300 thousand yuan to 400 thousand yuan.

For example, a medium-sized production plant of a protective equipment company in Hunan has a price of 450 thousand yuan, with a daily output of 100 to 300 kilograms, and the "package package" will deliver 20 days.

Raw material is also not a problem. The special melt blown material is expensive, instead of polypropylene ordinary fiber material.

"2 weeks ago, the PP fiber material for producing inferior melt blown fabric was priced at 7000 yuan / ton, and the melt blown grade PP price was 60 thousand yuan / ton, and there was no goods to buy." Zhang Chi, chief researcher of Guotai Junan chemical products Co., Ltd.

On the 14 day, according to Ruan Zheng's feedback from Shenzhen melted cloth distributor, the special material can still be bought, but the price has risen to 80 thousand yuan / ton. "The small workshop is too expensive to use this, but uses Shenhua 2040 grade material."

Although Shenhua 2040 grade fiber material also rose from 7000 yuan / ton 2 weeks ago to 25000 yuan / ton, but compared with 80 thousand yuan / ton special material, there is no doubt that there is obvious advantage.

It should be pointed out that 1 tons of melt spraying cloth consumes 1.5 tons of melt blown special material, and the choice of the raw material will reduce the overall cost significantly. Without the electret treatment, the cost of the small workshop can be reduced by about 10 thousand yuan per ton.

The melt blown fabric produced by Jerry building is thicker and the barrier effect is even worse. It can not reach the protective effect of regular melt spraying cloth. At the same time, because of the absence of electret treatment, the melt spraying cloth has little function of electrostatic adsorption.

This is like the difference between fishing nets. The small workshop can only catch sharks by melt spraying cloth. The melted cloth of the regular factories can be used to catch loach, and the mesh difference is too large.

"The final production of inferior melted cloth will be sold at a price of 35-60 yuan / ton. Such a profit opportunity is enough for many people to abandon their principles and take risks." Zhang Chi pointed out.

This account can be worked out. Assuming that the initial equipment is invested at 400 thousand yuan, the cost of raw materials per ton of 2040 fiber material is 37 thousand and 500 yuan, the daily output is 200 kilograms, and the product price is 350 thousand yuan.

Huge arbitrage space has attracted the influx of private capital. Netizens from Jiangsu said, "Yangzhong melt spray is crazy." I feel like a bunch of people at home are doing this. Even when my mother and I are talking on the phone, how many people earn a lot of money because of this? "

Overturn the entire industry chain

In the past time, inferior melt blown cloth has knocked over the entire propylene industry chain with one's own strength.

Because the proportion of high melt polypropylene fiber in the downstream consumption of polypropylene is very small, it is very difficult to have a substantial impact on the price of polypropylene.

Coupled with the fact that the product itself is in an excess supply state, it has no effect on the price of polypropylene in the early stage of the masks shortage. The price of domestic polypropylene futures has dropped to 5600 yuan from the 7000 yuan per ton after the festival.

According to Zhang Chi, the national development and Reform Commission released the domestic mask production to 100 million per day, and the corresponding polypropylene consumption was only 200 tons. However, the daily output of polypropylene fiber material in China is 6300 tons, and the output of polypropylene is 63 thousand tons.

Therefore, the polypropylene fiber material used to produce melt blown fabric is only a drop in the bucket.

However, when inferior melt blown fabric manufacturers entered, the prices of fiber materials such as Shenhua 2040 brand began to skyrocket, and manufacturers began to switch to fiber materials.

"After the price of polypropylene fiber has risen sharply, the supply side manufacturers have made large quantities of polypropylene fiber material, and fiber production has increased 5 times in just 1 weeks, reaching a record high of 31%." Zhang Chi said.

After transferring the limited production capacity to the fiber, the drawing capacity of another product of polypropylene decreases correspondingly, and the production rate is reduced to 20%, which is nearly 35%.

Generally speaking, when a cyclical industry has a 10% reduction, it will be enough to stimulate a sharp rise in product prices, let alone such a large decline in polypropylene wire drawing materials.

The drawing material is also the standard delivery product of polypropylene futures. Without accident, PP futures should rebound from 5600 yuan / ton to 7200 yuan / ton.

And the operation of the entire industrial chain is like a gear plate clenched tightly, a link will cause systemic failure if there is a problem.

The movement of polypropylene has further transmitted to the upstream products of propylene. Unfortunately, the most upstream crude oil market is not at peace in the near future, and international oil prices have rebounded under the promotion of reduced production news.

When the two ends are squeezed, propylene prices will go away.

Business data show that in April 12th, the price of propylene market continued to soar in Shandong, and the price rise on a single day was again over 1000 yuan / ton, or 35.02%, and the market transaction had soared to 8000 - 12000 yuan / ton, and some manufacturers suspended the offer.

Then, some downstream products of propylene were affected.

"Besides polypropylene, the cost pressure of other downstream products is quite large, and the number of enterprises with negative parking and parking is increasing, and the volume of propylene market has shrunk dramatically." Hundred rivers information pointed out.

According to the agency, according to the price of propylene 8000 yuan / ton, propylene oxide loss 550 yuan / ton, n-butanol loss 1650 yuan / ton, octanol loss 1800 yuan / ton, acrylonitrile loss 4200 yuan / ton......

In Zhang Chi's view, with the bulk listing of Sinopec and Sinopec's real melt blown fabric in the future, the price of melted spray cloth will be speeded up, and the survival space of inferior melted fabric will decrease accordingly. The time point may be around the end of April and the beginning of May.

However, with the rising attention this week, PP futures prices have taken the lead in the fall. The 14 day main 09 contract fell 5.86%, almost down.

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