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Gas explosion in Selangor, Malaysia, spreading fire and causing panic!

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Recently, the DMC market prices of domestic individual factories have remained relatively stable, but the actual transaction prices have loosened. According to market research data, the actual transaction price of DMC has fallen back to the range of 13850-13950 yuan/ton, and some companies have increased their profitability in order to maintain relationships with customers. However, the market supply and demand pattern remains tight, with low inventory enterprises showing strong willingness to raise prices, but high priced goods sources have weak transactions.
On the supply side, enterprise inventory continues to rise, and some manufacturers are forced to adopt price reduction and promotion measures to alleviate pressure. At the same time, the industry's production reduction scale continues to expand, but the speed of inventory digestion has not met expectations. On the demand side, downstream customers have a weak willingness to restock, with limited single purchase quantities, and the raw material reserve cycle of end product enterprises has also significantly shortened.
At this moment, shocking news came from the international market. On April 1st, a gas pipeline explosion occurred in Selangor, Malaysia. The fire quickly spread and the scene was in chaos. According to official media reports, the accident has caused 112 injuries and a large number of houses and cars to be damaged.
This sudden disaster has brought huge panic and losses to the surrounding residents. The Malaysian government is making every effort to organize rescue efforts, striving to control the fire as soon as possible and properly relocate the affected people. This accident has once again sounded the alarm for safety production, reminding us to always tighten the string of safety.
Meanwhile, the fluctuations in the domestic market also deserve our attention. At the critical stage of "rising prices vs. destocking", the market trend is full of uncertainty. In the future, we need to closely monitor market dynamics and transaction situations to cope with various challenges that may arise.

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