未知机构：供给端爆炸或影响硝化棉产能9000吨据中金企信国际咨询数据受-20250603

Summary of Key Points Industry Overview - The document discusses the nitrocellulose industry, highlighting significant changes in production capacity and pricing trends due to various factors including environmental policies and safety standards [1][2]. Core Insights and Arguments - Global nitrocellulose production capacity is projected to decrease from 261,000 tons in 2023 to 198,000 tons in 2024, while China's capacity is expected to drop from 164,000 tons in 2021 to 70,000 tons in 2024 [1]. - The supply-demand gap has led to a continuous increase in nitrocellulose prices, with the average price reaching 28,268 yuan per ton by the end of 2023 and the beginning of 2024, marking a ten-year high [1]. - By June 2024, the price of domestic civilian-grade nitrocellulose surged to 40,000 yuan per ton, with some products experiencing price jumps to 50,000 yuan per ton, indicating a significant price increase [1]. Additional Important Content - The explosion mentioned in the document is expected to impact nitrocellulose production capacity by 9,000 tons, which may further tighten the supply-demand dynamics in the industry [2].