In 2011, prices were rising not only for eggs and cabbage but also for chemical products.
According to the economic data released by the National Bureau of Statistics on February 15, China’s consumer price index (CPI) rose by 4.9% year-on-year in January; the national industrial product price index (PPI) rose by 6.6% year-on-year and continued to rise.
“The rise in prices of chemical products is the transmission of prices in the industrial chain. International oil prices continue to rise, and the prices of downstream chemical products can only rise.†said Zhu Wei, deputy director of the Information and Marketing Department of the China Petroleum and Chemical Industry Federation.
“Upsound†chemical products in the downstream of Chaochao were caught up in the frenzy of price increase, and the prices of most products are rising.
In fertilizers, urea prices rose steadily. A sales person of Zhongyuan Dahua Company of Henan Coal Chemical Group stated: “At present, the urea price is RMB 2,000/ton, which is RMB 100~200/ton higher than a year ago. Now our urea basically has no inventory. It received a lot of orders, supported by orders, and the production situation was good after the year."
The relevant person in charge of Shijiazhuang Bopo Zhengyuan Fertilizer Co., Ltd. said: “We had no rest in the New Year's Eve. We took a day off on the first day of the first month. Since the beginning of the first month of the month, we have been working on urea. Basically above 1000 tons, the highest day reached 1,490 tons."
“In the sixth month of the first lunar month, farmers bought phosphate fertilizers and sold 600 tons on the same day. After the rainy days of the year, they can sell 200 tons. This is rare in previous years.†Responsible person of Jiangxi Guixi Fertilizer Co., Ltd. Indicated.
In terms of resin, major companies have announced that they will increase their prices. As of December 1, 2010, DSM has raised the prices of all liquid acrylic resins, thermoplastic acrylic resins and polyurethanes sold in the Asia Pacific region by US$100 to US$150/tonne. AkzoNobel's Powder Coatings Business Unit announced that since March 1st, the price of all powder coating products sold on the Chinese market has been raised by 10% to 20%.
The whole industry chain rose on March 7, WTI crude oil closing price was 104.42 US dollars / barrel, up 2.51 US dollars / barrel from the previous trading day; Brent crude oil closing price was 115.97 US dollars / barrel, higher than the previous trading day 1.18 US dollars / barrel.
“Since the prices of resource-based products closely related to chemical production have risen sharply, such as the general rise in prices of crude oil, coal, natural gas, chemical mines, and raw salts, it is reasonable to expect that the prices of most chemical products will increase, and the increase will be larger. "I wish to express that" "The dramatic increase in resource costs, the increase in labor costs, and the increase in corporate management costs are the main reasons for the rise in prices of chemical products."
The relevant person in charge of Jiangxi Guixi Chemical Fertilizer Co., Ltd. said: “Since raw materials for the production of phosphate fertilizers have all increased in price, such as phosphate rock and ammonium chloride prices are rising, the company has increased product prices on the basis of accounting costs.â€
The head of a methanol company also said that the price of methanol rose due to rising costs. Since the third quarter of last year, the national coal price has increased by 150 to 300 yuan per ton, the cost of methanol companies has increased by 350 to 650 yuan per ton, and the comprehensive cost has increased from 2,200 to 2,300 yuan per ton in the first three quarters of last year to the current level. More than 2,500 yuan.
In addition, there was a special reason for the rise in prices of chemical products at the beginning of this year: short-term supply of products in local areas was in short supply.
The reason for the insufficiency of supply in some local areas was that at the end of last year, various localities had completed energy conservation and emission reduction targets for the “Eleventh Five-Year Plan†and cut power to high-energy-consuming industries such as urea and methanol, resulting in production cuts by enterprises. As a result, inventory and middlemen held The amount is low. Therefore, at the beginning of the new year, a number of industries have shown a "good starter" picture of rising prices.
The most typical is methanol. At the end of last year, in order to achieve the "Eleventh Five-Year Plan" energy-saving and emission reduction targets, high-energy-consuming enterprises including methanol production were required to limit production or stop production. There was a country with 10 million tons of methanol plant capacity could not be released. Methanol supply suddenly dropped, pushing prices up. The price of methanol reached a high of 3,600 yuan/ton in late November last year.
According to the economic data released by the National Bureau of Statistics on February 15, China’s consumer price index (CPI) rose by 4.9% year-on-year in January; the national industrial product price index (PPI) rose by 6.6% year-on-year and continued to rise.
“The rise in prices of chemical products is the transmission of prices in the industrial chain. International oil prices continue to rise, and the prices of downstream chemical products can only rise.†said Zhu Wei, deputy director of the Information and Marketing Department of the China Petroleum and Chemical Industry Federation.
“Upsound†chemical products in the downstream of Chaochao were caught up in the frenzy of price increase, and the prices of most products are rising.
In fertilizers, urea prices rose steadily. A sales person of Zhongyuan Dahua Company of Henan Coal Chemical Group stated: “At present, the urea price is RMB 2,000/ton, which is RMB 100~200/ton higher than a year ago. Now our urea basically has no inventory. It received a lot of orders, supported by orders, and the production situation was good after the year."
The relevant person in charge of Shijiazhuang Bopo Zhengyuan Fertilizer Co., Ltd. said: “We had no rest in the New Year's Eve. We took a day off on the first day of the first month. Since the beginning of the first month of the month, we have been working on urea. Basically above 1000 tons, the highest day reached 1,490 tons."
“In the sixth month of the first lunar month, farmers bought phosphate fertilizers and sold 600 tons on the same day. After the rainy days of the year, they can sell 200 tons. This is rare in previous years.†Responsible person of Jiangxi Guixi Fertilizer Co., Ltd. Indicated.
In terms of resin, major companies have announced that they will increase their prices. As of December 1, 2010, DSM has raised the prices of all liquid acrylic resins, thermoplastic acrylic resins and polyurethanes sold in the Asia Pacific region by US$100 to US$150/tonne. AkzoNobel's Powder Coatings Business Unit announced that since March 1st, the price of all powder coating products sold on the Chinese market has been raised by 10% to 20%.
The whole industry chain rose on March 7, WTI crude oil closing price was 104.42 US dollars / barrel, up 2.51 US dollars / barrel from the previous trading day; Brent crude oil closing price was 115.97 US dollars / barrel, higher than the previous trading day 1.18 US dollars / barrel.
“Since the prices of resource-based products closely related to chemical production have risen sharply, such as the general rise in prices of crude oil, coal, natural gas, chemical mines, and raw salts, it is reasonable to expect that the prices of most chemical products will increase, and the increase will be larger. "I wish to express that" "The dramatic increase in resource costs, the increase in labor costs, and the increase in corporate management costs are the main reasons for the rise in prices of chemical products."
The relevant person in charge of Jiangxi Guixi Chemical Fertilizer Co., Ltd. said: “Since raw materials for the production of phosphate fertilizers have all increased in price, such as phosphate rock and ammonium chloride prices are rising, the company has increased product prices on the basis of accounting costs.â€
The head of a methanol company also said that the price of methanol rose due to rising costs. Since the third quarter of last year, the national coal price has increased by 150 to 300 yuan per ton, the cost of methanol companies has increased by 350 to 650 yuan per ton, and the comprehensive cost has increased from 2,200 to 2,300 yuan per ton in the first three quarters of last year to the current level. More than 2,500 yuan.
In addition, there was a special reason for the rise in prices of chemical products at the beginning of this year: short-term supply of products in local areas was in short supply.
The reason for the insufficiency of supply in some local areas was that at the end of last year, various localities had completed energy conservation and emission reduction targets for the “Eleventh Five-Year Plan†and cut power to high-energy-consuming industries such as urea and methanol, resulting in production cuts by enterprises. As a result, inventory and middlemen held The amount is low. Therefore, at the beginning of the new year, a number of industries have shown a "good starter" picture of rising prices.
The most typical is methanol. At the end of last year, in order to achieve the "Eleventh Five-Year Plan" energy-saving and emission reduction targets, high-energy-consuming enterprises including methanol production were required to limit production or stop production. There was a country with 10 million tons of methanol plant capacity could not be released. Methanol supply suddenly dropped, pushing prices up. The price of methanol reached a high of 3,600 yuan/ton in late November last year.
Tianrui Fiberglass Composites Co., Ltd. , http://www.sdfiberglassmesh.com