After the Spring Festival in 2021, The price of basic materials has taken an unexpected leap, and the whole industry is applauded. On the whole, the rise in basic material prices is due to the early recovery of China's economy, Which has led to a mismatch between the supply and demand of industrial raw materials and commodities; Due to the impact of capacity reduction, Some basic materials have insufficient production capacity, The gap between supply and demand has increased, And the supply shock has led to price increases.
The rising price of basic materials makes people feel "horrified." Public information shows that compared with the beginning of 2020, some basic materials have increased by more than 200% year-on-year, n-butanol has increased by more than 167% year-on-year, acetic acid has increased by more than 166% year-on-year, and isooctyl alcohol has increased by more than 150% year-on-year. Propane, polymeric MDI, etc. rose more than 100% year-on-year, and raw materials such as acetone, TDI, aniline, ethylene, and isopropanol rose more than 50% year-on-year. On the whole, oil and natural gas extraction, fuel processing, ferrous metal mining and processing, and chemical fiber manufacturing industry rank in the forefront of the year-on-year improvement.
As of the beginning of March, 1,4-butanediol (BDO), the basic material used to make PBT, was quoted at 31,500 CNY/Ton; the price of bisphenol A used to make PC rose to 24,133.33 CNY/Ton; the basis for making PP The material propylene rose to 8459 CNY/Ton; the international crude oil price of basic materials used to make PVC and ointment rose from 30 US dollars/barrel to 85 US dollars/barrel; the price of epoxy resin, the basic material used to manufacture UV-curable resins, rose to 30100 CNY/Ton; the price of steel used to manufacture steel-plastic composite belts rose to 5270 CNY/Ton.
In addition, the market price of LLDPE related to sheathing material polyethylene (PE) has increased to around 8950-9200 CNY/Ton. The spot price of LDPE, a major European indicator, rose to 1,800 euros/Ton; the price of low-smoke halogen-free polyolefin (EVA) rose to 21,000-22,000 CNY/Ton; the current price of glass fiber yarn has exceeded 6,000 CNY/Ton; 6625 CNY/Ton.
The above data shows that the price of basic materials related to the production of optical fiber and cable is generally in a state of soaring, and this rising trend will continue in the short term. The soaring price of basic materials has put pressure on optical fiber and cable material manufacturers, and it has also brought pressure on optical fiber and cable companies. It is understood that under the pressure of rising prices of basic materials, the optical fiber and cable raw materials industry is also "rising".