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Chemical Raw Materials To A New High! Up Price Of Downstream Fabric

2020/5/22 11:39:00 1

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The rebound in the bottom of international crude oil has risen to $30. The raw materials of chemical industry are more powerful, which resists the decline of crude oil, and does not fall with crude oil. The bulk list of chemical industry is booming. Raw materials have gone up, and the downstream has been unable to restrain it. Yesterday, the Taihu 100 hundred shading cloth enterprises issued a proposal to raise prices. The chamber of Commerce encouraged all members to increase the price of grey cloth by 0.5-1 yuan / meter according to the price of raw materials.

Multi factor influence! The price rises!

More exciting in the future, affected by many factors, a number of enterprises have issued a letter of increase. Come together and feel the storm!

Multinational release! Demand recovery ! Crude oil rebound 380%!

Spain, Germany, France, Austria, Denmark, Czech and other more than 20 countries have started partial release, and some countries have begun partial resumption. Global economic activity is revived, and demand for crude oil is picking up.

A report shows that China's demand for crude oil has basically recovered to the level before the epidemic. Plus Saudi Arabia voluntarily reduced production by 1 million barrels. The good news boosted oil prices to a two month high, crude oil futures rose 8.12% and London Brent crude futures rose 7%, close to $35.

WTI crude oil has risen by about 380% compared with the lowest price of $6.5 in April 21st.

Crude oil rises! Crude oil falls, I will not fall! Chemical industry, are you so skin? !

Crude oil prices rebound so fiercely! The price of chemical products did not go up.

Last week, 64 important chemical products, up to 33 varieties, accounting for 51.6%; 18 varieties fell, accounting for 28.1%; flat 13 products, accounting for 20.3%. The top three products were MMA (27.08%), isopropanol (14.29%) and acrylic acid (10.45%). Among them, the top three products were phenol (6.47%), EDC (4.44%) and butadiene (4.44%).

Although most chemical products have changed the trend of decline, most of them have risen, but there are still many chemical raw materials prices falling or falling.

head The demand for helmets increased sharply, and styrene soared.

Affected by the "one helmet area" action, ABS and EPS, the most direct materials related to helmets, took the opportunity to scrambled up, especially the ABS rally was crazy, and even sealed the market to rise. At the beginning of the week and the beginning of the week, the market price rose 1000-1500 yuan / ton, individual brands rose nearly 2000 yuan / ton; EPS relative rationality increased 100-200 yuan / ton; at the same time, PS benefited from the increase of 200-500 yuan / ton.

In the heat of safety helmet, styrene futures rose sharply on Monday, closing price at 5731, clearing price at 5699, 172 in the ring, or 3.09%, while the East China spot market closed at 5430-5450 yuan / ton, or 130 yuan / ton, surpassing the high point in early April, rising to 5500-5550 yuan / ton.

this Wave price rise is really so fierce?

Coming back in May, the chemical market has made up for the loss of the "gold, silver and silver four" market. The price increase is mainly based on the increase of confidence in the market and the gradual improvement of domestic demand.

However, there is still room for speculation in the market. There is no improvement in the actual demand of some raw materials and lack of continuous upward momentum. Everyone, rational store up!