Shouguang City, Shandong Province announced a production suspension notice, and the largest bromine giant announced a 30% price increase! According to local market insiders, the Shouguang Municipal People’s Government Office recently issued a notice on the winter production suspension and production restriction of bromine production companies. All bromine production companies in Shouguang will start from 8:00 on December 28, 2021 to February 2022. All production will be suspended at 8:00 on March 21st.
As soon as the news came out, it directly attracted the attention of the brominated flame retardant, refrigerant and other markets.
Brome is an important chemical raw material and is widely used in flame retardants, medicines, pesticides, oil fields and other industries . Currently, brominated flame retardants are the industry with the largest consumption of bromine, accounting for 50% of domestic bromine consumption More than 60%. According to different raw materials and processes, bromine can be divided into brine bromine and seawater bromine. Among them, the bromine content in seawater accounts for 99% of the total resources on the earth.
This production restriction and suspension will inevitably have an impact on the brominated flame retardant market. Affected by this, phosphorus Nitrogen flame retardants may also usher in new project opportunities.
To make matters worse, not long ago Tosoh Co., Ltd., Japan’s largest manufacturer of bromine and bromine derivatives, announced , will increase the selling prices of bromine and brominated flame retardants on December 10. Among them:
Brome and hydrobromic acid productsUpgrade25%;
FLAMECUT® Tetrabromobisphenol A flame retardant productsUpgrade30%.
Tetrahydrofuran: 700 euros/ton (approximately RMB 7,190/ton)
Polytetramethylene ether glycol (Polytetrafluoroether®): 700 euros/ton (approximately RMB 7,190/ton)
N-methyl-2-pyrrolidone: 1,000 euros/ton (approximately RMB 7,190/ton)
3.SABIC: Increase the price of PC flame-retardant products in Asia
On November 29, SABIC issued a price increase notice saying that due to the increasing costs of raw materials and additives, the market Demand has also picked up, and the company has decided to increase the selling price of PC flame-retardant series products in Asia on December 15. The specific increase is as follows:
LEXAN™ PC flame retardant grade increased by US$0.25/kg (approximately 1593 yuan/ton)
CYCOLOY™ PC flame retardant level increased by US$0.45/kg (approximately 2867 yuan/ton)
4. Clariant: The increase is between 25% and 35%
On December 1, Clariant issued a price increase notice stating that it would increase all ICS businesses in the EMEA region from now on. The selling prices of all products in the sector (specialty industrial and consumer goods) increased between 25% and 35%.
Downstream performance is mediocre, can joint price increases retain the market?
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; padding: 0px; list-style: none; border: 0px;”>, to build one-stop B2B comprehensive service capabilities in the vertical field. In order to better empower the supply chain, three major digital chemicals have been developedProducts, namely “Chemical Quotation Engine“, “Chemical Samples Mall“and“Zhicai app“.
“Chemical Sample Mall” is to help customers solve the pain point of finding samples And developed the industry’s first small program. It is a one-stop sampling platform that changes the traditional sampling model. It only takes 3 steps from demand generation to sample delivery;
“Chemical Quotation Engine” is a purely automated quotation system based on 2012 -2020 chemical industry buyer behavior data analysis, integrating the behavioral trajectories of more than 100,000 chemical buyers, backed by a 300,000 raw material SKU library, updating the real market price in real time;
“Zhicai APP” is an intelligent procurement platform for industrial additives. The product categories are very complete. Users can obtain the latest market quotation information in real time within the APP and click on By placing an order, you can quickly establish high-quality and stable purchasing channels;
These three products create a fine chemical data hub, payment and settlement, professional logistics and warehousing, fine chemicals An industrial ecosystem integrating import and export services has realized the digitalization of the supply chain.
