This month report is announcing earlier due to some changes will report next.

 

1. Crude Oil: Now crude oil price is keeping going up which makes related petrochemicals supply chain products cost increased .

2. Asia Games 2022 : After one year delayed, Asia Games 2022 will start from Sep.23 and end on Oct.08,2023 in Hangzhou. Some chemicals plant around will stop the production to avoid some risks although Government no stop production requirements. And now it is difficult to send liquid or powder sample to Hangzhou address for safety reason.

3. China Chemical market: From June , there were some chemicals factory started stoping production due the pressure of price and high stock, now although some products price start going up, the production capacity are not recovery , all the manufacturer would like to keep the price by reducing capacity。

4. Basic Chemical raw materials: all the basic raw materials price are going up now such as Acetic Acid, Hydrochloric Acid, Sodium Nitrite,Aniline etc. 

 

Based on A/M points, let us talk about pigment and its raw materials detailed.

 

1. DCB: ONCB is belong to petrochemicals supply chain products, the price went up from end of June , step by step ,  now the price is 1.5 times of bottom price this year. DCB has to be increased accordingly for the new order.

 

2.AAA series products: Aniline and Acetic Acid price are both going up , so the AAA series products are following , even AAA present  price is RMB16.5/kg which still no profits according to the cost. 

 

3. Naphthalene series products: compared with Yellow pigment intermediate , Red pigment intermediate price increased not so much although Beta Naphthol price increased a lot . 

 

4. Other raw materials: Same situation as above mentioned, all petrochemicals product chain price are going up and coal chemical products chain price increased not so much.