Insane! Crude Oil Jumped 425%! Nearly 40 Kinds Of Chemical Raw Materials Have Gone Up.

In May 21st, the United States and cloth two oil expanded within the day. All over 2%, WTI crude oil reported 34.15 U.S. dollars / barrel, Brent crude oil reported 36.47 U.S. dollars / barrel. US oil hit its highest closing price since March 10th, the highest closing price since March 11th. According to industry estimates, WTI crude oil has risen by about 425% compared with the lowest price of $6.5 in April 21st.

US crude oil inventories have declined for second consecutive weeks, and crude oil inventories in the Cushing region of Oklahoma have decreased. Oil prices have been supported and international oil prices have risen to its highest level in ten weeks. LukmanOtunuga, senior research analyst at FXTM, said: "Who would have thought that in just a few weeks after falling below zero, oil prices would steadily rise to 30 dollars?"

Crude oil prices fluctuated, and prices of many raw materials also rose to varying degrees. According to the purchasing network, some chemical companies also issued a notice recently, saying that due to the sharp rise in raw material prices, there is still room for price increases in the future, so they decided to raise prices for various products sold by the company, and asked distributors and customers to communicate with sales representatives. Contact.

Anhui Coban Resin Technology Co., Ltd. issued a letter of increase, saying that due to the recent two kinds of monomer prices continued to rise, resulting in continuous increase in the cost of emulsion products, decided to start in May 19th, Construction products increased by 300 yuan / ton, elastic waterproof products increased by 400 yuan / ton.

Jiangsu purple stone Chemical Technology Co., Ltd. issued a notice of price adjustment, said that due to the current market acrylic acrylic emulsion main raw material prices continue to rise, from now on our acrylic series emulsion products from the original price per ton. Up to 200-300 yuan.

Shanghai Bao Li Jia chemical company issued a letter of notification of price adjustment. The price of butyl acrylate and methyl methacrylate continued to rise. The company's purchasing department predicted that there was still room for further growth of raw materials. According to the situation of raw materials rising, the company made a unified adjustment to the subsequent order price. "The price of raw materials is up to a certain level in." The interior wall goods have been raised by 150-250 yuan / ton, the external wall goods have been raised by 300-400 yuan / ton, the waterproof products have been raised by 300-400 yuan / ton, and the industrial lacquer products have been raised by 150-200 yuan / ton.

Hengshui Xinguang new Mstar Technology Ltd issued a notice of price adjustment, saying that in view of the rising trend of raw materials, the company adjusted the original promotion policy and the price of some products on the basis of the original price list as follows:

1. The original promotion policy is cancelled from the date of notification, and the order that has already been placed in advance has been executed according to the original promotion policy.

2. The pre payment policy company will abide by the agreement between the two parties.

3. Construction coatings products raised 100-300 yuan per ton.

4. Waterproof products are raised by 200-300 yuan per ton.

5. Gum products are raised by 200 yuan per ton.

Guangzhou Roosevelt New Mstar Technology Ltd issued a letter of increase in price, saying that as raw materials continued to rise vigorously, from now on, The price of styrene acrylic emulsion increased by 300 yuan / ton, and the price of pure acrylic emulsion increased by 500 yuan / ton.

Jiangsu bard Fu Technology Development Co., Ltd. issued a notice of price adjustment. Since May, the prices of major raw materials have rebounded substantially. According to the forecast of the purchasing center of the group, there is still much room for further improvement of the main raw materials. Interior wall products, up to 100-200 yuan / ton; external wall products, up 350-450 yuan / ton; waterproof products, up to 300-400 yuan / ton.

The price of some chemical raw materials also began to rise, benefiting from the continuous improvement of crude oil prices.

Some chemical raw materials rose list

(the above data are from the data of paint purchasing. If there is a difference, please follow the latest data!

According to the statistics of coatings purchasing network, from April 21st to May 20th, in 83 important chemical products, Up to 39 varieties, accounting for 46.99%. The top three chemical raw materials are Acetone (40.17%), ethylene (28.47%), trichloromethane (27.27%). Propylene, propylene oxide, dichloromethane and other 16 raw materials are on the rise. More than 10%. The remaining 67 kinds of raw materials, such as ethylene oxide, phosphoric acid, epoxy resin and pure benzene, are on the increase. 10% below.

The price of Wanhua chemical in May 21st shows that the price of methyl tert butyl ether in Shandong region, East China region and Southern China region They all rose 100 yuan / ton. To 3950 yuan / ton, 3850 yuan / ton, 3650 yuan / ton respectively. N-butanol in North China, East China and Southern China They all rose 200 yuan / ton. They rose to 5700 yuan / ton respectively, 5950 yuan / ton, 5900 yuan / ton.

Since the beginning of this year, the price of international crude oil has been fluctuating and the prices of chemical raw materials are also rising and falling. Since May, with the implementation of the OPEC reduction agreement, oil prices have shown a continuous upward trend. Although the oil industry chain is longer, the impact of the source on the downstream needs a period of conduction, but as long as crude oil prices rise enough time, the rise and spread of raw materials will gradually emerge.