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The reason products are about to go through the roof

Posted on 3/6/21 at 9:01 am
Posted by kanibal
Member since Dec 2007
360 posts
Posted on 3/6/21 at 9:01 am
FORCE MAJEURES

LINK /

If you read the article it list all the companies in the Louisiana and Houston area that have massive production problems. BASF is the global leader in MDI, TDI and Polyol. Almost all foam, adhesive, commercial glues, insulation, sealants contain it.

Once you read that list of companies and what they make your going to see why construction costs are going to go through the roof if not shut jobs down all together. It will eventually start creeping into commodity prices as well
Posted by Bourre
Da Parish
Member since Nov 2012
20300 posts
Posted on 3/6/21 at 9:04 am to
Thanks Xiden
Posted by Porter Osborne Jr
Member since Sep 2012
40077 posts
Posted on 3/6/21 at 9:06 am to
Through the roof and then they'll never inch back down.
Posted by s14suspense
Baton Rouge
Member since Mar 2007
14700 posts
Posted on 3/6/21 at 9:07 am to
quote:

The reason products are about to go through the roof



Container shipping prices are >20x higher than average.
Posted by A Menace to Sobriety
Member since Jun 2018
29160 posts
Posted on 3/6/21 at 9:12 am to
It's because of the idiots who voted for China Joe. You get what you vote for.
Posted by glassman
Next to the beer taps at Finn's
Member since Oct 2008
116168 posts
Posted on 3/6/21 at 9:16 am to
quote:

eventually start creeping into commodity prices as well




Is right now.
Posted by CheEngineer
Louisiana
Member since Aug 2019
4234 posts
Posted on 3/6/21 at 9:25 am to
Fear porn I work in the industry this is not super uncommon it will come and go without notice.

The price of oil climbing is what it actually driving prices up.
This post was edited on 3/6/21 at 9:28 am
Posted by Big Pun
Baton Rouge
Member since Mar 2009
3504 posts
Posted on 3/6/21 at 10:55 am to
Most products I buy are made of polypropylene, prices have been going up crazy amounts every month. Just when it was going to hopefully settle, the freeze hit. It will continue to rise at least 2-3 more times.

Freight costs are running double what they were 3 weeks ago.

Wood and steel have been going up in large %’s too. Everything is going to start going up.
Posted by MikeD
Baton Rouge
Member since Jan 2004
7274 posts
Posted on 3/6/21 at 11:03 am to
All caustic suppliers are in force majeure right now
Posted by Marlo Stanfield
Member since Aug 2008
2073 posts
Posted on 3/6/21 at 11:05 am to
Every plant we work in have had units shut down and aren’t moving product since the freeze. That’s from Laporte to Freeport and there are way more in the same boat all around here.
This post was edited on 3/6/21 at 11:06 am
Posted by stuckintexas
austin
Member since Sep 2009
2215 posts
Posted on 3/6/21 at 11:18 am to
quote:

**Chevron Phillips Chemical: three crackers with a combined capacity of 1.36 million mt/year, Sweeny, Texas


Dem some hard workin white boys
Posted by notiger1997
Metairie
Member since May 2009
58243 posts
Posted on 3/6/21 at 12:33 pm to
Which factory is responsible for making the fried southwest egg rolls that have been out of stock from Sysco and the other main distributor down here for the last two weeks?
That’s a real problem
Posted by kciDAtaE
Member since Apr 2017
15845 posts
Posted on 3/6/21 at 12:42 pm to
quote:

will eventually start creeping into commodity prices as well


Then don’t buy. Prices will come down. They can’t make you buy coffee.
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