The rise of international crude oil undoubtedly also plays a role in the domestic energy and chemical market, the date of the market opening, internal LU fuel oil, thermal coal, fuel oil, crude oil futures main opening up more than 4%. Staple fiber, coke, no. 20 rubber (NR) rose more than 2%, liquefied gas rose more than 3%. Polypropylene, polyethylene, ethylene glycol and LPG all rose more than 1%.

Supported by oil prices, the price of polyester double raw materials rose widely, and the cost side supported strongly. The price of polyester bottle chip factory increased by 150-300 yuan/ton. In addition, jiangyin area is affected by the epidemic control, sanfangxiang factory bottle chip resources are temporarily unavailable, the market circulation resources are increasingly tight, this increase is very violent in the near future!

For some of the reasons for the rise in plastic prices, industry insiders said that the current release of sanctions against energy exports and the escalation of geopolitical conflict between Russia and Ukraine led to a shortage of energy supply, the production of related products declined, the supply of commodity market is tight, the cost of high step by step transmission will cause the rise in plastic prices. On the other hand, a number of domestic areas issued a white list of resumption of work and production, plastic enterprises are also quietly raising the price of products, in preparation for the coming downstream resumption of work and production, and hope for the recovery of downstream orders. Under the joint action of multiple internal and external factors, from leading enterprises to small and medium-sized enterprises, will set off a wave of price rises.

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