Precipitated Silica

At the beginning of 2022, the price of silica raw materials will continue to rise, and the middle and downstream enterprises cannot bear the pressure. The letter of price increase emerges one after another!

Recently, another large downstream listed company said that it is difficult to bear the cost pressure of rising raw materials and will implement price increases from March 1.

The company said that in the context of soaring raw material prices and rising logistics costs, the company will adjust product prices in July 2021.

However, since the last price adjustment, raw material prices have continued to rise sharply, logistics are tight, and energy costs remain high.

In the event of unavoidable cost increases, the company will continue to make every effort to ensure a stable supply of products, such as increased productivity and substantial cost reductions.

But in the case that the company's efforts are far beyond the limit, as a last resort, the company will adjust the product price again.

More information feels free to contact us.

Petroleum resin

The continued rise in oil prices has attracted investors' attention. The rise and fall of crude oil prices will have an impact on the credit fundamentals of many sub-sectors, which in turn will affect the subsequent performance of related credit bonds, of which the chemical industry has the greatest impact.

Among them, in terms of resins, solid and liquid epoxy resins will rise by nearly 3,000 yuan/ton in 2022, solid epoxy resins will rise by nearly 2,000 yuan/ton in 2022, and polyester resins will also be affected by upstream neopentyl glycol and isobutyraldehyde. The increase was 500-800 yuan / ton, and the supply was in short supply.

Thank you for your continued attention, and you can contact us if you have any needs.