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Message

The reason products are about to go through the roof
Posted on 3/6/21 at 9:01 am
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
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 on 3/6/21 at 9:06 am to kanibal
Through the roof and then they'll never inch back down. 

Posted on 3/6/21 at 9:07 am to kanibal
quote:
The reason products are about to go through the roof
Container shipping prices are >20x higher than average.
Posted on 3/6/21 at 9:12 am to kanibal
It's because of the idiots who voted for China Joe. You get what you vote for.
Posted on 3/6/21 at 9:16 am to kanibal
quote:
eventually start creeping into commodity prices as well
Is right now.
Posted on 3/6/21 at 9:25 am to kanibal
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.
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 on 3/6/21 at 10:21 am to Porter Osborne Jr
Well yeah when print a bunch of money prices go up. That's kinda how it works
Posted on 3/6/21 at 10:29 am to CheEngineer
quote:
The price of oil climbing is what it actually driving prices up.
Lol, only part of the issue but not the main reason at all.
Posted on 3/6/21 at 10:31 am to CheEngineer
Got 3 calls this week to return to the patch.
Posted on 3/6/21 at 10:36 am to Porter Osborne Jr
quote:
Through the roof and then they'll never inch back down.
Yes they will, but it will take time.
Posted on 3/6/21 at 10:37 am to CheEngineer
quote:But muh China Joe!
The price of oil climbing is what it actually driving prices up.
Wait, I thought we liked dem high WTI prices, baw?
Posted on 3/6/21 at 10:45 am to CheEngineer
quote:
The price of oil climbing is what it actually driving prices up.
Oil getting back to 2018 prices is the cause of commodities like Lumber being 2-3x higher than 2018 prices?
Trillions of new money is being injected into the economy. That is the largest culprit. Oil is a fart in the wind in comparison. Oil was double its current price 10 years ago.
Posted on 3/6/21 at 10:55 am to kanibal
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.
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 on 3/6/21 at 11:03 am to kanibal
All caustic suppliers are in force majeure right now
Posted on 3/6/21 at 11:05 am to kanibal
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 on 3/6/21 at 11:18 am to kanibal
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 on 3/6/21 at 11:59 am to tenderfoot tigah
quote:
Oil getting back to 2018 prices is the cause of commodities like Lumber being 2-3x higher than 2018 prices?
No
Oil is not the reason for lumber’s increase. It’s been rising for over a year.
The lumber mills are most of the reason
Oil is not that expensive right now anyway. Not sure it’s really impacting much at this point
Posted on 3/6/21 at 12:33 pm to kanibal
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
That’s a real problem
Posted on 3/6/21 at 12:42 pm to kanibal
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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