Raw material prices have been changing since March 2019. At the end of march, an explosion occurred at a chemical plant in xiangshui, jiangsu province.By 2022, there will be no more than 1,000 chemical enterprises in jiangsu province, which means that 60% of the chemical industrial parks in jiangsu province will be closed within three years.
In addition, on April 7 afternoon, Formosa wheat Lao consisting of six light industry area table aromatics third factory because the factory LPG pipeline rupture caused by gas explosion, 20 miles away in huwei hear noise, tens of thousands of people to evacuate, luckily no one was injured, yunlin county environmental protection bureau heavy penalties in accordance with the "air pollution law" six light $5 million (nt $, the same below), and ordered sets of three aromatics plant shutdown, until the investigation report.
The explosion of raw material prices rising cycle, making the price of plastic raw materials into a new round of crazy growth trend.Material market PP, PE, PVC, PTA, styrene began to rise.At present, the upstream of PET market is rising significantly with strong support from the cost end, and the purchasing enthusiasm of downstream terminals is still acceptable. The overall trading atmosphere is favorable.
Rise in raw materials by the impact of the first plastic raw materials traders.The downstream plastic products industry has been affected by a lot of pressure on the factory production and operation, and a number of plastic-related enterprises have issued price hikes ranging from 2% to 5%.
Raw materials or larger, and more and more short price cycle, which makes many manufacturers under great pressure.For many small and medium-sized plastic raw material traders, upstream raw material suppliers prices, it is also forced to pass the price pressure to the downstream.