The impact of electricity curtailment on prices in the chemical industry

 "Power rationing" began sweeping China's major provinces, leaving many factories unprepared. It is understood that from September 22, a number of provinces began to cut off electricity, shaoxing, zhejiang textile hub, 161 printing and dyeing, chemical fiber enterprises were informed to suspend production until the end of the month. Jiangsu more than 1000 enterprises "open two stop two", Guangdong open two stop five, only to retain less than 15% of the total load. Yunnan province cut production of yellow phosphorus and industrial silicon by 90%, and Liaoning imposed power rationing in 14 cities.

 China is the world's largest power generation country, accounting for 25% of the world's total, and coal-fired power generation is still more than 70%. 

Although China's coal self-sufficiency rate is very high, it still needs to import coal.

 In September 2020, China made a momentous decision to "strive to peak co2 emissions by 2030 and achieve carbon neutrality by 2060."

 As the world's factory and the world's largest energy consumer, carbon dioxide emissions are not small, reaching 9.9 billion tons in 2020, accounting for 31% of the world. To achieve the goal of carbon peak and carbon neutrality, it is necessary to reduce energy consumption and control carbon dioxide emissions, which is bound to force the upgrading of industrial structure and eliminate some enterprises with high energy consumption and low productivity.

 Recently, especially chemical enterprises, many enterprises because of the role of power rationed, production capacity has been unable to increase, which is bound to lead to the rise in the price of various chemicals, such as Formic Acid CAS 64-18-6  in a short month has doubled growth, so that many customers suffering, dare not order, and Hydrazine hydrate/Hydrazine monohydrate CAS 7803-57-8 or 10217-52-4, Acetonitrile(ACN) Cas 75-05-8, prices are also rising.

  In the future, how will the price of Chemical products in China go? This is a question worth thinking about.