The recent price rises are not only eye-catching, but the international situation is also attracting great attention.

Crude oil roar roar, chemical market up a rise.

With Iraq and Saudi Arabia being bombed and the price of crude oil heading for $70, the chemical market is once again on the upswing.As the market continues to rally, many are speculating about the cause of the “attack.”

Looking at the current international market, the pattern is very turbulent.Under the circumstances of the new crown impact and economic division, a major power began to launch sanctions against a number of countries.(Every move to sanction, really think the world is yours?)

Sanctions, I’ve heard so many times in the past two years.Eighty Chinese companies were added to the sanctions list around 2020.

According to the latest news, the United States has begun to impose sanctions on several countries again, which seriously infringes on the interests of many countries and disrupts the economic order.

According to the Financial News Agency, the US Department of Commerce announced in December 2020 that it would ban DJI from buying or using American technology. Now China’s DJI UAV has been included in the sanctions list, resulting in a third of layoffs in its North American branch, and some employees have joined rival companies.

I believe I believe Russia: 14 biochemical companies on sanctions list

Recently, the United States, citing the “Navalny incident”, imposed sanctions on 14 enterprises and institutions engaged in the production of biological and chemical agents on the grounds of “manufacturing and researching biological and chemical weapons”.

I believe I believe Turkey: $1.5 billion order goes up in smoke

Guanghua Jun previously referred to the “Turkish exchange rate collapse” news.As it turned out, the United States had imposed sanctions on Turkey for arms sales to Pakistan, banning the export of helicopters with American engines, which wiped out a $1.5 billion order.In addition, the United States imposed another sanction on Turkey for procuring Russian systems.Please search for the details.
These sanctions are basically “nonsensical”.Some of the sanctions are aimed at the internal affairs and human rights of countries. There are too many reasons for the sanctions to fit into one basket.In response to these unreasonable sanctions, Chinese Foreign Ministry Spokesman Wang Wenbin said:

China has always opposed to unilateral coercive measures, unilateral sanctions strongly impact the international political and economic order and global governance system, severely damaged by sanctions on countries to mobilize resources, economic development, and efforts to improve people’s livelihood, endanger life, challenge to self-determination, damage development, constitute a persistent, systemic, massive violation of human rights.

In other words, “sanctions” are “I don’t make money and I don’t let you make money”.Sanctions will inevitably affect the trade order between countries. They will also aggravate the supply shortage of raw materials and accessories and cause market price chaos.

Who loses from global shortages, trade restrictions and lost orders?At present, China and Russia both carry out anti-sanctions strategy, who can laugh last, the answer has been written in everyone’s mind.
Up nearly 85% in a month!Polyester manufacturers dare not accept orders!

Under the support of the news, the chemical market since the fourth quarter of 2020 began to surge.With the emergence of “attacks”, “sanctions” and other situations, combined with the epidemic affect the trade, the market appeared chip shortage, raw material shortage, tight supply and other situations.Volatility, the chemical market basically to rise.

According to the monitoring shows that in nearly a month, the bulk of the chemical industry is still dominated by rising.A total of 80 products have increased in total, among which the top three are: 1, 4-butanediol (84.75%), n-butanol (industrial grade) (64.52%), and TDI (47.44%).

I have summarized a lot of information about price rise. At present, we can observe the oil industry chain, polyurethane industry chain and resin industry chain more. The good news and the impact of downstream demand show that the above products still have a rising momentum.

The details of raw material rise are as follows:

1. Oil and polyurethane industry chain rising information!

2 butanediol, silicone, resin rise information!

3 titanium dioxide, rubber price information!

Crude oil edged lower today, though, amid rising inflation and some resistance downstream.But with the domestic Beijing Yanshan Petrochemical (March 31 shutdown maintenance for 45 days), Tianjin Dagang Petrochemical maintenance (March 15 shutdown maintenance for 70 days), it is expected that crude oil in the short term to a small decline, but the end of March or return to the upward trend.
In addition, due to the decline of crude oil futures, the polyester industry chain also began to be volatile, PTA fell 130-250 yuan/ton in a single day, the East China market quoted 5770-5800 yuan/ton, South China quoted 6100-6150 yuan/ton.According to chemical fiber headlines reported, the current downstream textile enterprises due to high raw materials, although the upstream appeared a small decline, but still dare not accept orders, dare not produce.

With the exception of the crude oil industry chain, the price of 50-400 yuan/ton has been lowered, and most of the products show an upward trend.This week, the crude oil industry chain raw materials may still have a small downward space, you can stock up on demand.

The influence of many news, raw materials skyrocketed into a trend!

The imbalance between supply and demand is difficult to ease in the first half of the year, the rise of raw materials has been an inevitable trend.The domestic equipment has entered the maintenance period, and the escalation of sanctions has led to the increase of freight. It is expected that the overall increase of raw materials in March is still considerable.

Under the influence of the current two sessions, the State Council put forward the policy of “six stability” and “six security” to strictly prevent hoarding and bidding up the prices of raw materials and basic industrial products, which may lead to the risk of a market correction.

It is understood that the provinces, industrial and commercial organizations across the country to investigate the rise of raw materials, the National Development and Reform Commission, the Municipal Bureau of Supervision on the price of raw materials to detect the situation, the bulk of raw materials speculation for tracking and testing, the price of malicious enterprises to conduct anti-monopoly investigation.In addition, the upstream and downstream industries of basic industrial raw materials are encouraged to form a price linkage mechanism to determine the linkage between contract performance prices and raw material pricing, and to negotiate the import prices of bulk commodities with high dependence on foreign imports, so as to maintain the normal price level of domestic basic raw materials.

But with the escalation of the international game, raw material tension may be exacerbated, the extent of the pullback or not big, you look at the timing.