In the past week, PX's external price increased by US$24/ton, PTA's spot price increased by 140 yuan/ton, and MEG's spot price increased by 30 yuan/ton.
In addition, with global energy prices rising recently, inflation rates remaining high, and regional conflicts becoming increasingly serious, domestic and foreign companies have issued price increase letters one after another.
LANXESS said that in view of the recent increase in raw material costs and changes in global supply and demand, the company has decided to raise prices for its 1,6-hexanediol (HDO) and adipic acid products. As a key raw material for high-performance coatings, fibers and polyurethane industries, the price of HDO will be increased by 500 euros per ton (approximately RMB 3,898 per ton). At the same time, adipic acid will also undergo a global price adjustment, with an increase of 250 euros per ton (approximately RMB 1,949 per ton).
Due to the overall pressure on production capacity and inventory, the price increase of polyester raw materials is not large at this stage. However, considering that crude oil continues to receive strong support and costs continue to increase, the possibility of continuing to rise in the future is greatly increased.
