"After entering March, MDI (raw materials for industries such as refrigerators and shoe-making industries) will increase the price by 1,000 yuan per ton." A senior officer of Yantai Wanhua told reporters on the phone yesterday. Similarly, a senior executive from Shenyang Chemical also stated that its acrylic acid and ester prices have also increased.
Affected by the Libyan ** incident, the recent crude oil prices have risen sharply to more than US$100/barrel, which has caused many chemical companies to worry. Price increases have become their "first choice."
Pure MDI and aggregated MDI are the main products of Yantai Wanhua. There are only a few domestic foreign-funded enterprises such as Bayer and BASF. In an oligopoly market, Yantai Wanhua’s price increase does not seem to be difficult.
Both products increased by 17% and 7% year-on-year respectively before and after February 15th. When Yantai Wanhua decided to increase the selling price by 1,000 yuan/ton in March, Sinopec, which is the largest raw material producer of raw materials for MDI, also increased the selling price per ton ** by 300 yuan on March 1. Quote 8700 yuan / ton.
"** is MDI's raw material, crude oil prices directly determine the price of **." The aforementioned Yantai Wanhua executives pointed out that ** was only 6200 yuan / ton, now up to 8000 yuan / ton, "such a large gap makes the company somewhat unbearable Must shift the cost pressure out."
Yang Zhiguo, secretary of Shenyang Chemical Industry, told the newspaper that some of the company's products have also been price-adjusted. “We have produced acrylic acid and esters that have risen to more than 20,000 yuan per ton, which was estimated at about 18,000 yuan at the beginning of last year.â€
In addition to raising prices, in order to ease the cost pressure, Yantai Wanhua had previously built a 360,000-ton aniline plant (**-aniline-MDI) at its Ningbo base, which is now in production. "The country's aniline plant capacity was 1.2 million tons, and our 360,000 tons appeared. The relationship between supply and demand has changed a lot, which (to a certain extent) has inhibited product prices." The company's top executives pointed out.
The plastic manufacturer's production company, StarLife, has adopted methods such as recycling raw materials and minimizing its own weight to save raw materials. At present, the company is studying the use of biological materials such as sugar cane to produce polyethylene, thereby reducing its dependence on oil.
Guo Jin Securities researcher Liu Bo believes that in 2010, the industrial and commercial economy in the country recovered well. The demand for plastics, automobiles, footwear, and the textile industry is very strong. Therefore, most chemicals have been increased in prices in the second half of last year, and they are vulnerable to downstream. accept.
Affected by the Libyan ** incident, the recent crude oil prices have risen sharply to more than US$100/barrel, which has caused many chemical companies to worry. Price increases have become their "first choice."
Pure MDI and aggregated MDI are the main products of Yantai Wanhua. There are only a few domestic foreign-funded enterprises such as Bayer and BASF. In an oligopoly market, Yantai Wanhua’s price increase does not seem to be difficult.
Both products increased by 17% and 7% year-on-year respectively before and after February 15th. When Yantai Wanhua decided to increase the selling price by 1,000 yuan/ton in March, Sinopec, which is the largest raw material producer of raw materials for MDI, also increased the selling price per ton ** by 300 yuan on March 1. Quote 8700 yuan / ton.
"** is MDI's raw material, crude oil prices directly determine the price of **." The aforementioned Yantai Wanhua executives pointed out that ** was only 6200 yuan / ton, now up to 8000 yuan / ton, "such a large gap makes the company somewhat unbearable Must shift the cost pressure out."
Yang Zhiguo, secretary of Shenyang Chemical Industry, told the newspaper that some of the company's products have also been price-adjusted. “We have produced acrylic acid and esters that have risen to more than 20,000 yuan per ton, which was estimated at about 18,000 yuan at the beginning of last year.â€
In addition to raising prices, in order to ease the cost pressure, Yantai Wanhua had previously built a 360,000-ton aniline plant (**-aniline-MDI) at its Ningbo base, which is now in production. "The country's aniline plant capacity was 1.2 million tons, and our 360,000 tons appeared. The relationship between supply and demand has changed a lot, which (to a certain extent) has inhibited product prices." The company's top executives pointed out.
The plastic manufacturer's production company, StarLife, has adopted methods such as recycling raw materials and minimizing its own weight to save raw materials. At present, the company is studying the use of biological materials such as sugar cane to produce polyethylene, thereby reducing its dependence on oil.
Guo Jin Securities researcher Liu Bo believes that in 2010, the industrial and commercial economy in the country recovered well. The demand for plastics, automobiles, footwear, and the textile industry is very strong. Therefore, most chemicals have been increased in prices in the second half of last year, and they are vulnerable to downstream. accept.
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