Prepare German large -scale power plants to discuss the power outage plan with BASF and other companies for the worst situation.
According to media reports on Friday, German power plants are discussing the plan to restrict electricity with large industrial enterprises in order to reduce supply in an urgent situation.
It is reported that electricity supply companies are in contact with large manufacturers such as BASF to evaluate how much the power consumption demand for these companies can cut down in the context of the tension of power supply. Some factories have agreed to accept the power outage for several hours in winter, but people familiar with the matter said BASF has not yet reached an agreement with the power grid.
Power grid and enterprise actively prepare “orderly power outage”
Compared with the interruption of power supply, this active power limit method is called power supply restrictions. Because the industry can prepare in advance, the impact will be slightly smaller.
Regarding this report, both Germany’s two large power grid operators AMPRION and Tennet TSO both confirmed that BASF’s spokesman refused to respond.
The German Federation of Industry and Commerce Energy SEBASTIAN BOLAY said that bilateral coordination is in progress. We believe that the risk of power supply restrictions in this winter is true.
Compared with the French authorities that may have long -term power outages in winter this winter, Germany’s statement is obviously optimistic, but risks still exist. At present, about 15% of German power supply comes from natural gas. In the case of cold current, supply will give priority to family heating, so there may still be a gap in industrial electricity.
Titanium dioxide powder
According to the feedback of manufacturers, the current market single transaction volume and price basically maintained in the early stage. From the perspective of demand, the downstream is still mainly based on the demand. The buyer is still cautious and purchased strictly on the need. From the supply side, because some manufacturers have planned adjustment beyond the planning, the current market supply side has a slight contraction.
The current price is at a low level and the current and the cost of the situation, the cost of the low price to support the role of many manufacturers to increase to alleviate the cost pressure. Comprehensive consideration of market conditions, the current transaction price is mainly stable, some goods tight model prices or have increased. And as prices stabilize in the low range, the market’s high ceiling may move down. Recently, it is concerned about the impact of external transport environment changes on both buyers and sellers.
Acrylic emulsion
In terms of raw materials, there may be differentiated trends between the acrylic market area next week; the styrene or partially sorted out; nails or disadvantaged operations. In terms of supply, the mainstream manufacturing enterprises on the market will maintain normal levels, and the development load or stability of the emulsion industry will be stable next week. In terms of demand, due to the coldness of the weather, the demand for downstream stocking continues the du by the early stage. The possibility of lighter collation in the emulsion market still exists. It is expected that the price of acrylics will be weak next week.
December forecast: Chemical market may be weak shocks
In December, the chemical market may be weak and volatile. The main driving logic is around the economic downturn at home and abroad, the weakening of cost end crude oil, the overall demand for chemicals is not strong and other factors.
In November, chemical prices fell more and rose less, and the overall level showed a weakening trend of decline. The main logic of market pricing in November is still weak demand and cost side decline, seasonal and weak economic environment impact, terminal demand shrink, most chemicals decline. Looking ahead to December, the global economic situation is grim, the weakening of crude oil has a great impact on chemicals, the combined weak demand situation may continue, and the operating environment of chemicals is still empty. It is expected that the chemical market in December may be weak shock, but the national policy to stabilize the economic market gradually strengthened, supply and demand may improve expectations, the market decline is expected to be limited.
Post time: Dec-13-2022