It’s not even halfway through November,Chemical workers were “blown up” by a leading factory accident.

According to the incomplete statistics of Xiaobian, there have been four large chemical plant accidents in the last two weeks.

This lets the raw material price that rises rapidly originally, rocket-like acceleration rises!

Manufacturer seal plate!Out of stock!Chemical market fryer!

On November 10, 2020, the local fire and rescue brigade in Anshan city, Liaoning Province, was informed that an explosion occurred at a factory in the south of The Ertaizi Traffic Gang. The situation on the site was very critical, posing a great threat to the normal life and life safety of the surrounding residents.After firefighters arrived, they quickly investigated the scene and analyzed the cause of the explosion. At present, several fire trucks are continuing to reinforce.

Video footage from the media showed a huge mushroom cloud rising from the scene of the explosion, measuring hundreds of meters, which looked shocking.

According to witnesses, there were three loud and extremely loud bangs from the factory, the sound of which could be clearly heard several kilometers away and a huge mushroom cloud rose into the sky.A large number of firefighters rushed to the scene to deal with the accident, but the details of the explosion and casualties are still unknown, subject to a final police report.

Anshan emergency management staff responded, saying: this is only a slight explosion, no fire and no casualties is an aluminum factory minor explosion accident is under investigation.
Accidents!Raw material prices continue to soar!

In the past two weeks, the chemical industry market has been really bad, especially the epoxy resin factory. Three major chemical factories have had serious accidents, which forced the epoxy resin industry chain to soar.

I believe I believe I believe October 29, the well-known resin leading industrial materials have occurred a serious chemical accident;

I believe there has been an explosion at the Guodu Chemical resin factory, which caused two injuries and greatly affected the epoxy resin market.

On November 5, A fire broke out in the cracking unit of LG Chem’s Lishui factory in South Korea, which led to the failure of its downstream ethylene and propylene production, and affected the downstream phenol and acetone device, and involved bisphenol A and its downstream PC device.

As a result of the resin leading factory accidents, plus the wind power demand explosion, epoxy resin industrial chain prices quickly soaring, a price a day, is too exciting!
I believe I believe your BISphenol A: the price straight into the clouds!Continuous inflation!

Since November, the price of BISphenol A has risen continuously, and this week it is 1300-1500 yuan/ton for two days!Go straight up!
* Price trend chart of BISphenol A

This week opened up 1000 yuan/ton, woke up in the second working day rose 500-800 yuan/ton, so far the national market mainstream offers are in the 15400-15600 yuan/ton, the atmosphere in the market is good, the buyers have a positive attitude.

I believe I believe your epoxy resin: a new high for nearly 10 years!Most manufacturers are reluctant to sell!
* Epoxy resin price trend chart

This week, the negotiated price of liquid resin is between 28,500 yuan and 30,000 yuan/ton, up 7,400 yuan/ton from the end of October, up 34.10%, reaching a new high in nearly 10 years, and still showing an upward trend.Factories to adopt the state of sealing and not reported, and the market is rare spot, it is difficult to get the actual price.On the factory side, in October, the factory’s offer was still 21000-22,000 yuan/ton, and at the end of October, the factory has mostly sealed the order, and the production is mainly based on orders.
On November 11, the epoxy resin price was not discounted, and increased by another 450 yuan/ton.

It is understood that due to hot demand, and major factory accidents, epoxy resin prices have continued to rise.

I believe I believe your organic silicon DMC: or I will continue to charge to a new high!

On the other side, organic silicon leading enterprises and accidents, may cause the organic silicon industry collective stop production rectification, let the supply of tight organic silicon market spirit tension.
At about 11:25 on November 9, 2020, a fire accident occurred in Quzhou Zhongtian Oriental Fluorosilicon Materials Co., LTD.
The explosion shocked CCTV, adding to the tight supply of silicone, silicone DMC may continue to hit new highs.
On November 11, only one manufacturer left in the mainstream market for quotation, and the rest of the manufacturers are reluctant to sell.
Downstream, affected by the surge of the organic silicon market, downstream rubber, 107 rubber, silicone oil followed up, manufacturers row compact.107 glue current spot shortage, east China region hold goods on offer in 24000-25500 yuan/ton near.Silicone oil prices continue to high, many manufacturers do not offer, south China dimethyl silicone oil reference quotation in 24,000-24500 yuan/ton near.
More accidents!Raw material prices or by leaps and bounds to next year!
In addition to the price increase caused by the explosion, what is more noteworthy is that after the explosion, the supervision layer will inspect the safety production of local enterprises and other raw material enterprises. At that time, the production of enterprises will inevitably be affected to some extent, and the supply may shrink.
According to the current market situation, since August this year, the price of chemical products has continued to rise, and even the quotation has been cancelled, destroyed orders, etc., which is really rare in the chemical industry.
The forecast is that chemical and raw material prices will continue to rise in the last two months of 2020, and the trend may continue into next year.