Big News!! Electricity Limitation in China, Stock Up Will Be Trendy for Oversea Wholesalers
Recently, natural gas has become the king of commodity prices. Asia has skyrocketed 6 times in the past year, and Europe has skyrocketed 10 times in 14 months. With the gradual control of the new crown pneumonia epidemic, the energy demand brought about by the global economic recovery has increased significantly. Since the second half of 2020, the prices of energy resource commodities such as natural gas, oil, coal, and iron ore have entered an upward channel. But the performance of natural gas prices is particularly outstanding, causing a hot situation in short supply, leading to a rapid increase in natural gas prices.
In China alone, in the first seven months of this year, domestic natural gas consumption increased by about 24% year-on-year, while domestic natural gas production during the same period only increased by about 10% year-on-year. The gap in this can only be solved by increasing imports. Affected by the rising prices of thermal coal, natural gas, and other energy sources, the national dual-control policy, and environmental protection, and other factors, the suspension of production restrictions is being carried out in an orderly manner throughout the country.
Although there were power cuts across the country in December last year and May this year, the scope and duration of the power cuts did exceed many people's expectations. In particular, many companies have relatively flat orders. The Mid-Autumn Festival simply puts on a long holiday, but they did not expect to encounter a wave of production stoppages after the festival. Watching the prices of raw materials go up, the bosses are completely awake.
In Dongguan, factories generally receive "open two-stop five" notices, while some small and micro enterprises are "open one-stop six."
In Zhongshan, enterprises below designated size “open one-stop six”, above designated size “open two-stop five”, and high-level premium insurance enterprises “open four-stop three”.
In Foshan and Huizhou, large and small companies have received notices of power cuts and shutdowns, which have caused certain problems in production.
The Guangdong Power Grid notice shows that from September 16th the implementation of the "on-two and five-stop" power curtailment measures, during the peak stagger period, the security load remains below 15% of the total load, and the peak stagger time is 7:00-23:00. If you don’t cooperate, you will face a 10-day seizure!
Jiangsu has implemented power rationing in some areas. Starting from September 15th, the tentative duration of power rationing will be 15 days. During the period, the industrial electricity was pulled down, the daily electricity was retained, and the maintenance was unified for half a month. The office air-conditioning was disabled and the street light control was halved. Nantong took the lead in power curtailment. Currently, other regions in Jiangsu Province have begun to curtail power, and 2000 chemical plants will be temporarily shut down.
Due to environmental protection inspections, dual-control limited production shutdown, power rationing, hazardous chemical investigations, and other measures, the market has been worried about the supply side, and raw materials have been looted! Raw materials are priced at a price per second, and it is even more normal for manufacturers to close their plates. Business owners who have not bought raw materials are anxious and regret it!
Due to environmental protection inspections, dual-control limited production shutdown, power rationing, hazardous chemical investigations, and other measures, the market has been worried about the supply side, and raw materials have been looted! Raw materials are priced at a price per second, and it is even more normal for manufacturers to close their plates. Business owners who have not bought raw materials are anxious and regret it!
As a fashionable wholesale supplier of women's clothing, we do our best to provide a diverse and frequently updated fashion collection, whether it is fast fashion or street fashion. At present, the supply of goods is relatively sufficient, the delivery is timely, and the quality is guaranteed. Merchants and customers should keep a sufficient supply of goods in time to avoid difficulty in finding a single product caused by the subsequent material supply interruption.
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