Nearly 100 leading chemical enterprises stop production! A new round of price increase is starting. 2021-03-24
Recently, the chemical industry can be described as "a wave is not flat, a wave again.". Not only the price of raw materials soared, but also due to accidents or force majeure, nearly 100 chemical enterprises such as Maoming Petrochemical, Shandong Jinling and Luxi Chemical announced the shutdown of their plants, involving PE, silicone, butadiene, styrene, bisphenol A and many other chemicals. The production stop of many well-known large factories will lead to a sharp reduction in the supply side capacity, which will make the chemical market which is already out of balance between supply and demand even worse, and the price will gradually rise.
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