Soaring price as soon as construction starts! Dozens of chemicals are becoming popular across the board! Plasticizing faucet issues price increase letter again

According to Kain Industrial Additives: The domestic commodity futures market had a “good start” on the first trading day after the holiday, with dozens of energy and chemical products soaring as soon as they started production. Among them, liquefied petroleum gas increased by 8.45%, asphalt, PTA, and low-sulfur fuel increased by more than 5%, and polyvinyl chloride, polyethylene, polypropylene, soda ash, and crude oil increased by more than 5%. 4%, styrene, ethylene glycol, methanol, etc. also experienced slight increases.

Overseas markets collectively rose, and A-shares had a promising start. Previously, the market had relatively high expectations for a “good start”, mainly due to the collective strength of overseas markets during the holidays. During the Spring Festival holiday, good news spread frequently in the international commodity market. The three leading commodities, crude oil, gold, and copper, rose one after another. The U.S. stock market stabilized and rebounded as a whole. The Dow Jones Industrial, S&P 500, and Nasdaq index all recorded gains, with a cumulative increase of 1.89%. , 1.55%, 1.05%.

Hong Kong stocks opened on the 4th and ushered in a good start in the Year of the Tiger. The Hang Seng Index opened higher and closed sharply up 3.24%. The Hang Seng Technology Index also surged by more than 3 %. In addition, other stock markets in Asia are also very strong. The cumulative gains of Japan’s Nikkei 225 Index and South Korea’s Composite Index reached 2.7% and 3.26% respectively.

In terms of petrochemicals, Marathon Petroleum, Exxon Mobil, Total, and CNOOC in the US stock market, as well as CNOOC and Tiande Chemical in the Hong Kong stock market, all experienced slight gains. The situation has also given chemical workers high expectations for the opening of the Shanghai and Shenzhen Stock Exchanges in the Year of the Tiger.

In addition, international crude oil has continued to rise recently and hit a new high in the past seven years, and inventories are at historically low levels, so there is the possibility of a forced-out surge. International oil prices exceeded the US$90 mark, reaching a maximum of US$93.17, and Brent crude oil hit a maximum of US$93.70. Oil prices rose by a cumulative 17% in January, the largest January increase in at least 30 years, with major investment banks and oil companies predicting that oil prices may soon exceed US$100 per barrel.

With the end of the Spring Festival holiday in the Year of the Tiger, many industries have begun to resume operations. In particular, the expansion of investment sides such as real estate and infrastructure has strengthened demand, and rigid demand purchases are good for bulk commodities. Overall, supply and demand will once again become the dominant factor affecting chemical prices in 2022.As for whether the “good start” will continue after It’s hot and worth waiting and seeing.

The surge in raw materials has led to a number of leading chemical companies making pre-increases

In 2021, the chemical industry index will continue to rise. On January 27, the National Bureau of Statistics released profit data for industrial enterprises above designated size nationwide in 2021. Among them, the total profit of chemical raw materials and chemical products manufacturing was 801.94 billion yuan, an increase of 87.8%. At present, the 2021 performance forecasts of A-share listed companies have been gradually disclosed, and many chemical companies have maintained a steady growth trend.

According to Kain Chemical, 18 of the top 20 A-share listed companies in chemical raw materials Performance forecasts for 2021 have been released, of which 17 companies have recorded year-on-year net profit growth, and 14 companies have net profit increases of more than 100%.

Sichuan Hebang Biotechnology Co., Ltd. (Hebang Biotechnology, 603077), Inner Mongolia Yuanxing Energy Co., Ltd. The net profits of four companies (Yuanxing Energy, 000683), Duofluo New Materials Co., Ltd. (Duofuo, 002407), and Xinjiang Zhongtai Chemical Co., Ltd. (Zhongtai Chemical, 002092) increased by more than 1,000% year-on-year. Among them, Hebang Biotech is known as the “growth king” of A-shares with its expected net profit in 2021 to grow more than 72 times year-on-year. Hebang Biotechnology is expected to achieve a net profit of 3 billion yuan to 3.3 billion yuan in 2021, an increase of 7227.36% to 7960.09% compared with last year’s net profit of 409 million yuan.

Wanhua Chemical Group Co., Ltd. (600309, Wanhua Chemical), a leading chemical raw material stock, is expected to achieve a net profit attributable to shareholders of listed companies of 24 billion yuan in 2021 to 25.2 billion yuan, a year-on-year increase of 139% to 151%; the non-net profit attributable to shareholders of listed companies was 24 billion to 25.2 billion yuan, a year-on-year increase of 152% to 165%.

In addition, Ningxia Baofeng can…�Up to US$0.59/lb (approximately 8270 yuan/ton).

Just a few days ago on January 31, DIC Co., Ltd., a world-famous chemical product manufacturer, issued a price increase notice, saying that from February 10 Starting from the delivery date, the price of epoxy plasticizers will be increased. The specific increases are as follows:

▶Epoxy ESBO series products increased by 15 yen/kg (about 830 yuan/ton);

▶Epoxy ELSO series products increased by 70 yen/kg (about 3880 yuan/ton);

▶Other epoxy plasticizers have increased by more than 28 yen/kg (about 1550 yuan/ton);

Following this, Denka announced that it would increase the selling price of chloroprene rubber for domestic companies starting from the 21st of this month, with an increase of 55 yen/ Kilogram (approximately 3048 yuan/ton) and above.

Continue to be the market benchmark, leading the raw material market to continue to rise. The high rise in crude oil will ultimately be transmitted to the plastics chemical industry industry.

At the beginning of 2022, the plastics industry will once again start a counterattack to increase prices. After the year, factors such as the epidemic, storms, and geopolitical regulation will be superimposed. It is expected that in 2022, The price increase of chemical industry after the start of the industry may be the main theme.