The price increase before December was supposed to be the end,
Who ever thought that was just the beginning of things?
The rest of the day, I heard that can only be used to describe the crazy, crazy rise!
Upstream up, downstream up!
Raw materials up, freight up!
The cost of raw materials is rocketing.Take care!
Zhang!Strong operation of raw materials!Up 8300 yuan/ton!
Speaking of the recent domestic chemical products market, chemical people most of a word is “up”!
Shandong rain and snow weather – “rise”!South Korea some factory overhaul — “rise”!Japanese chemical plant on fire – rising!

How crazy is it going?According to the monitoring of 64 important chemical products, 55 products rose in November, accounting for 85.9%.Among them, epoxy resin rose by 8,300 yuan/ton and bisphenol A rose by 5,900 yuan/ton, making the epoxy resin industry chain soar to the sky.

As raw materials continue to soar, downstream chemical costs have soared by 30%.Take an outdoor white highlight product as an example, the main raw materials lead to a downstream cost increase of more than 30%.

Shut down!Grounded!Soaring freight charges add fuel to the rise!

Do you think that’s the end of raw material prices?No!There is another cost giant – freight, also in the crazy surge!

I believe I believe your international: sea freight continues to soar!
Affected by the epidemic, the number of countries that have been “blocked” for the second time continues to increase, and many ports are overloaded. It is hard to find a single container.

The latest figures show a 170% year-on-year increase in European rates and a 203% year-on-year increase on Mediterranean routes.On the return route, the situation for European exporters is arguably worse;It is understood they will not be able to secure a booking to Asia at any price until January.

Shippers are facing soaring container rates and surcharges amid strong demand and a shortage of containers, with further increases expected in the coming month.
I believe I believe your domestic: snow restrictions!Shut down!Logistics costs continue to increase!

In December, temperatures in many northern provinces hit new lows and heavy snow fell, prompting emergency travel restrictions in several provinces due to bad weather.Many high-speed entrances in Shaanxi are closed or restricted;Traffic control on 18 expressway sections in Henan.

As a result, the logistics speed slows down, allowing traders to continue to increase warehousing and logistics costs.

Multi-factor blessing!Aftermarket will rise!

Research center, National Bureau of Statistics (NBS) services on November 30, China federation of logistics and purchasing forward-looking indicators, according to data released in November, China’s manufacturing purchasing managers’ index (PMI), the manufacturing business activity index and comprehensive PMI output index by 52.1%, 56.4% and 55.7%, respectively, three major index of record years, showing the economy recovery stability has come in.

At present, the early surge of chemical raw materials in December may have a callback.But based on the current economic situation, Guanghua jun believes that the current chemical industry to support the good fundamentals are still strong, the off-season is not weak market is expected to continue until the Spring Festival next year.