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Crazy! Skyrocket! More than 20 chemical raw materials soared by 100%!

50%, 100%, 150%, 200%...Recently, domestic raw material prices have continued to rise, which has caused complaints from many downstream companies. From the perspective of communication, due to the continuous frantic increase in upstream prices, the wave of price increases has been transmitted The speed is also very fast, beyond the imagination of many people.

It is understood that as of March 2, liquid chlorine, hydrochloric acid, sulfuric acid, sulfur, acetic acid, DMF, propylene oxide, bisphenol A, butyl acrylate, isooctyl acrylate, isobutyraldehyde, octanol, n-butanol, More than two dozen chemical products, such as elastomer polyether and polymeric MDI, have increased by more than 100%. Raw materials such as titanium dioxide, adipic acid, maleic anhydride and butyl acrylate have "rushed to the sky", breaking new highs over the years.

It is reported that the passage of the US$1.9 trillion new crown rescue bill has greatly stimulated market activity. The excess US dollar will push up the prices of bulk goods and make world prices soar. If the currency is loose, the bulk of raw materials will be the first to bear the brunt! Affected by the "supply shortage" factor, the prices of raw materials such as copper, iron, aluminum, and plastics have continued to rise; due to the collective closure of large global oil refineries, chemical raw materials have soared almost across the board...The industries affected include furniture, home appliances, electronics, textiles, tires, etc. Wait! Since the Spring Festival, almost no major markets around the world have not risen!

Judging from the current market conditions, whether it is due to insufficient production capacity or market hype, the price increase of raw materials will continue for some time.

 

 

 

 


 

 

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