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[Industry Focus]：Some operating rates in the chemical market have declined, supply is tight, and multi-industry prices have increased.

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This month, some raw materials have been suspended at 90%! Close to complete shutdown!

orderly electricity use notice has been sent to each manufacturer. Although this year's power rationing is not as serious as last year, there are no "strong measures" to directly switch off and cut off power in previous years. However, this year's peak power consumption is still mainly to maintain the daily electricity consumption of residents. Industries such as factories and construction sites are all residential electricity "giving way".

August, many provinces across the country formally put into effect new traffic restrictions and ban requirements. Shandong, Zhejiang, Guangdong, Gansu, Shanxi and other provinces have formulated new restrictions on the passage of hazardous chemical vehicles. The above-mentioned areas are large-scale chemical production plants in China, and transportation is limited or it causes difficulties in the transportation of raw materials, extending the delivery period of raw materials.

In addition, overseas markets are also in turmoil. The war between Russia and Ukraine did not stop, the Iran-US peace talks continued, the crude oil industry chain fluctuated, and crude oil fluctuated by US $90. In addition, the interruption of Russian natural gas supply has led to a large number of European factories "forced" to stop production; the force majeure of major chemical plants such as Costron and BASF has greatly reduced the overall supply of overseas raw materials.

To sum up, the global chemical market has already started to reduce production. It is expected that the market inventory will decline again before September, which will help the raw materials rise in September.

September Price Rise Warning! Involving multiple chemical industry chains!

the above factors have become the driving force for the rise of raw materials in the booming season in September. Taking power restrictions as an example, Anhui, Sichuan, Jiangsu and other chemical provinces began to use electricity in an orderly manner, resulting in a tight supply of local major chemical raw materials and pushing up prices.

Hefei City, Anhui Province, advocates that industrial enterprises miss peak power supply through planned maintenance and other methods, and orderly use of high-energy-consuming equipment.

epoxy resin: production is mainly concentrated in Huangshan city, Anhui province. Huangshan Huizhou Park limited electricity and gas, and the factory suspended production for 3 days. In addition, Shexian Park boiler maintenance until the end of the month, mainly to reduce the burden of production, epoxy resin supply significantly reduced. At present, Baling Petrochemical, Huangshan Wuhuan and other enterprises have suspended their quotations, and the operating rate is less than 50%. It has become a fact that
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power restriction and gas reduction reduction. According to market news, many factories have issued price increase letters announcing price increases!
cola: from September 1, the price of liquid rubber products increased by us $1.00/kg.
Kansai Paint in Japan: Starting from October 1, the price of paint will rise by 15-30%, the price of curing agent will rise by 15-40%, and the price of diluent will rise by 20-40%.
Swiss Golden Horse Paint: On September 1, all product lines were raised by about 10%.
August has passed half a month, and the traditional chemical season is coming. In the past two years, the chemical market has risen more than expected, and it is difficult to follow the rules. However, due to on-demand procurement and on-demand production in the market this year, the short-term production reduction has supported the rise of chemical raw materials. It is expected that by the end of August, more and more chemical products will join the rising ranks of the chemical market. Please be ready to stock up.