overseas market learned, until 2022year8month8sunday, chemical has lifted its north americanmdi force majeure of the product. this force majeure was originally in this year6month8 day was announced, involvingmdithe production capacity is3410,000 tons /, mainly due to the supply problem of front-end raw material devices. local time8 month9 on the 1st, chemical confirmed the news that the force majeure has been lifted. based on this calculation, the force majeure will last for about 2month length.
aggregation from china to north america in the first half of the yearmdithe export volume is flat year-on-year
according to china customs data,2022in the first half of the year, the aggregation of china’s exports to north america (the main markets are selected here are the united states and canada)mdicumulative weight 17.2 tons, flat year-on-year. in terms of months,6monthly year-on-year growth rate changed from negative to positive, positive growth 26%. on the one hand,6north american construction industry demand was good and stable in january, on the other hand, the above mdiforce majeure has brought a gap to local supply, and the overall local supply and demand pattern has shifted from balance to supply tightening. with the recent release of force majeure on the supply side, the demand side is affecting north america due to rising interest rates and concerns about economic recession new construction projects, demand from the construction industry has slowed n. the local supply and demand pattern will return to supply and demand balance.
recent situation of supply and demand in asia
generally speaking, the plant operating rate and market price are in a reverse trend. this year1from the middle of the month to the end of the month, with the completion and restart of major domestic factories,2month of asiamdithe overall operating rate of the device has increased significantly,4-5in the month, mainly due to the epidemic control measures in shanghai, local manufacturers lowered their load on installations. 7since the beginning of the month, some devices in shanghai have stopped for routine maintenance,7late month to 8 in the first ten days of the month, several other installations were successively lowered, and the rui’an installation was shut n for maintenance. china and asia as a wholemdithe operating rate showed a nward trend.
compared with the fluctuation of operating rate, domestic aggregationmdimarket price since this year2from the month to the present , but overall presents a unilateral nward trend. 7~8 mdithe market price is still fluctuating at a low level. previous years8from the middle to the end of the month, it is domestic aggregationmdiwhen the demand starts to flourish. however, since the beginning of summer this year, the number of days of extreme high temperature in many places in china has increased significantly. recently, industries in sichuan and chongqing have cut power to let the people use it. some factories in jiangsu and zhejiang have also limited power and production. factories in nstream industries such as home appliances and automobiles are on holiday due to high temperature.
for recent domestic aggregationmdiwhat is the direction of the market situation? in view of the fact that many sets of equipment on the supply side have been operating at a reduced load recently, the overall willingness to sell low is not strong. condition.
>in the month, although the domestic installations are negative, the aggregationmdithe market price is still at a low level and fluctuates. previous years8from the middle to the end of the month, it is domestic aggregationmdiwhen the demand starts to flourish. however, since the beginning of summer this year, the number of days of extreme high temperature in many places in china has increased significantly. recently, industries in sichuan and chongqing have cut power to let the people use it. some factories in jiangsu and zhejiang have also limited power and production. factories in nstream industries such as home appliances and automobiles are on holiday due to high temperature.
for recent domestic aggregationmdiwhat is the direction of the market situation? in view of the fact that many sets of equipment on the supply side have been operating at a reduced load recently, the overall willingness to sell low is not strong. condition.
