Market participants said the European production safety accidents of higher degree of importance

Market participants said the European production safety accidents of higher degree of importance, the accident may affect the normal production of long-term BASF, after the Japanese had been catalytic events, requires at least 12 months to stop all work to eliminate safety hazards. In Europe, and countries like Germany, is likely to be more severe……

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So Jo Ba Shiff the parking time is long, will affect the long-term supply of multiple chemical species.
Forecast Short term domestic market by the European BASF acrylate stop event stimulation, the spot market supply is tight, pull up the atmosphere, rose is a foregone conclusion.
The current situation is following the satellite and BASF led, Yantai Wanhua, Qilu Kaitai follow up etc.. The European BASF event can affect the time is not predictable, but we will continue to pay attention to the influence of the incident on the domestic market of acrylic.

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