The Japanese earthquake that occurred on March 11 has passed three weeks. The shutdown of some petrochemical plants in Japan has caused the prices of most petrochemical products in Asia to rise. In the future, the prices of chemical products in the region may continue to rise, which is a relatively unanimous view among the industry. The earthquakes and tsunami in the northeastern Japan caused widespread damage to the infrastructure. In addition, the nuclear crisis in Fukushima, which was the worst-hit area in the earthquake, caused heavy damage to its domestic industrial production. The petrochemical facilities also escaped this catastrophe, causing the prices of petrochemical products in the Asian region to rise. pressure. It is reported that Japan's shipment of butadiene was forced to postpone or cancel in April, exacerbating the global supply shortage of the product. The spot price of butadiene has increased by 7.8% or 200 US dollars (ton price, the same below) since March 11 and rose to 2750-2800 US dollars on April 1 (CFR, Northeast Asia). The market price pressure on Asian toluene diisocyanate (TDI) is also very high. Mitsui Chemicals' Kashima Chemical Corporation's 120,000 tons/year plant is still shut down and it is unable to supply products to the Chinese market. It is expected that the Kashima TDI plant will be shut down until June, and production will be resumed after completion of maintenance. The settlement price of the TDI contract in April will be higher than the contract price in March. In March, the price of this product from BASF and Mitsui Chemicals was US$2,600 (CFR, the main port of China). Last week, the contract price of TDI issued by BASF in April was US$2,750. (CFR, China's main port). In the propylene glycol market, Japan also joins the competition for imported goods, which inevitably pushes the price of the product higher. In the past three weeks, the price of bottled pharmaceutical grade propylene glycol rose sharply, with an average increase of 5.5% or $115, and rose to $2,075 (CFR, Northeast Asia) and $2025 (CFR, Southeast Asia). Some Japanese buyers are even willing to purchase at prices higher than $2,300 (CFR, Northeast Asia) in order to ensure the safe operation of their downstream production facilities. The earthquake also changed Japan from a net phenol exporter to an importer. Due to tight supply, Japanese buyers had to enter the spot market to purchase phenol. In the past three weeks, Asian phenol spot prices rose by an average of 4.9% or $90, to $1915 (CFR, China's main port). Mitsubishi Chemical has not yet restarted its phenol/acetone plant in Kashima, which can produce 250,000 tons of phenol and 150,000 tons of acetone per year. Three days after the earthquake, the market price of paraxylene in Asia rose and it rose by US$145 in three days. This was mainly due to the suspension of work by JX Japan Oil Corp. in three factories in Kawasaki and Kashima, after which prices began to fall. At the same time, since March 11th, the spot price of the isomeric xylene has increased by an average of 195 US dollars or 17.8%, and the price on April 4 has reached 1290 US dollars (FOB, South Korea). Zhejiang Shengfa Textiles Printing&Dyeing.,ltd , https://www.chzjsf.com