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[Market information]：Bulk chemical raw materials "open the door", a variety of raw materials rose; The relationship between Russia and Ukraine upgraded the impact of the domestic epidemic

Read： 264 Time：33months ago Source：

The raw material market ended in the first quarter. Since the first quarter, 95 of the 108 products listed in the energy and chemical industry showed an upward trend, accounting for 88%; Only 11 chemicals showed a downward trend, 10%.

Top three gains: 1, 4-butanediol (139.8%), bisphenol A(100.38%), lithium carbonate (73.6%);

top three declines: hydrochloric acid (-31.3%), liquefied natural gas (-31.24%), hydrogen peroxide (-27.51%).

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* Source: Business Club

the first quarter of energy and chemical industry started well, largely influenced by the Russian-Ukrainian War. As Russia and Ukraine are important exporters of energy, the war has caused the shortage of energy, which has impacted all sectors of the world. A large number of related industrial chain raw materials have an upward trend.

The upgrade of Russia-Ukraine relations + the impact of the domestic epidemic, and the risk of supply interruption

at the end of March, Russia and Ukraine held the fifth round of negotiations. When Russia said that both sides had made significant progress and the Russian Ministry of Defense said that it decided to reduce military operations in Kiev, everyone thought that the war between Russia and Ukraine was coming to an end.

I never expected that in April, the Ukrainian side suddenly denied that the negotiation between the two sides was tense, and did not deny the air strikes against the Russian side, and even changed to say that they were ready to join NATO!

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* Source: CGTV

the war between Russia and Ukraine has evolved into a world raw material dispute. The prices of bulk commodities such as energy, agriculture and chemical industry fluctuate greatly, and European economic activities are the first to be disrupted. Because Europe has a large number of chemical and military enterprises, it is expected to evolve again, global supply chains will also face further interruptions.

At the same time, the recent domestic epidemic suddenly increased in a large scale. More than 30,000 medical doctors went to Shanghai to fight against the epidemic. This counterattack once again restricted the production and operation activities in many parts of the country.

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* Source: Baidu, national and provincial health committee

among them, Shandong, Jiangsu, Zhejiang and other major producing areas are affected by the epidemic, and the production is temporarily suspended, which has a certain impact on the production of the chemical industry. Wuxi, Xuzhou, Changzhou, Nantong, Taizhou, Yangzhou and other places in Jiangsu province temporarily closed some expressway toll stations and adopted strict traffic control measures.

It is expected that after the domestic epidemic has recovered, chemical raw materials still have flexible upward space. According to the news, the existing manufacturers have greatly reduced the demand of customers and stopped production at the factory. In addition, large factories have taken effect in price increase letters recently due to high raw materials and transportation costs, however, most of the raw materials are inflated due to market speculation. Please be alert to the downside risks.

Source: Business Agency, CCTV News, Daily Economic News, etc.

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