Whether there will be any impact on the price of the polymerase chain reaction due to the sharp rise in electricity prices in Europe

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Affected by the conflict between Russia and Ukraine, this year the European electrolytic aluminum production capacity is declining, as Russia this week stop running indefinitely "Nord stream no. 1" gas pipeline, electricity prices in Europe rose sharply, sources say, Europe's largest aluminum production enterprise next week will increase the intensity of production, the domestic electrolytic aluminum listed company shares rose sharply.

Cailianhe reporters from the industry learned that the current reduction of electrolytic aluminum production capacity in Europe has exceeded 1 million tons, and it is expected that there is a possibility of further reduction before winter. However, due to the small overall capacity of electrolytic aluminum in Europe, its production reduction has little impact on the supply and demand of the electrolytic aluminum market and the price. The production reduction and electricity price will have a band positive effect on the aluminum price, but it is not expected to form a long-term trend. There are also relevant listed companies that said to reporters: "At present, the company factory aluminum prices have not changed significantly."

Production of electrolytic aluminum enterprises in Europe continued to expand

The impact on Europe's electricity supply would be huge, as a large proportion of the region's electricity is generated by natural gas.

Wang Yanchen, general manager of the UK branch of Shanghai Nonferrous Metals Network, told Caiassociated that France's Dunkirk Aluminum company had already cut production by 15%, but this time it said it might cut production by 22%, mainly because of the shortage of electricity supply from France and the high price of electricity.

In addition, Alcoa will cut production at its Norwegian aluminum smelter by a third, and Norsk Hydro said it plans to close its Slovak aluminum smelter by the end of September.

Wang Yanchen told Caiassociated news reporters: "Today's French price spot market at the highest time of the price of 626 euros/megawatt hour, and February 1 at the highest time of 257 euros/megawatt hour compared with the price of nearly three times. More than a million tonnes of Europe-wide aluminum production capacity of around 4.8 million tonnes has already been shut down and further cuts are expected before winter."

Wang Yanchen believes that winter before European aluminum companies or further production cuts, on the one hand, is the price of electricity is too high because the vast majority of European aluminum plants is electricity contracts long list is given priority to, can be part of the contract to sell electricity back to the power grid company, due to the current price is higher than the purchase price, aluminum companies rely on profit in selling electric profits may be higher than in the production of electrolytic aluminum, some companies may stop production to sell electricity.

At present, Iceland and Norway in Europe are less affected by the power supply, in addition, most of the electrolytic aluminum enterprises in other countries have reduced production.

European fertiliser companies, which rely on natural gas to produce key nutrients, are now having to cut back again. At least a quarter of Europe's nitrogen fertilizer production capacity has been lost, according to media reports. The International Fertilizer Council predicts that global nitrogen use will fall the most in the coming quarter since 2008.

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Analysis and forecast of the market size of PCR diagnostic industry

Polymerase chain reaction (PCR) is a nucleic acid synthesis technology that uses the principle of DNA double-strand replication to replicate specific DNA fragments in vitro. With this technology, the detection equipment can amplify the target gene in a large number in a short time, expanding the target gene fragment to the order of millions to billions, thus achieving high sensitivity detection. At present, polymerase chain reaction (PCR) diagnosis of infectious diseases such as hepatitis, venereal disease, intestinal respiratory disease and tumor single gene detection is an important application field. In 2020, polymerase chain reaction (PCR) diagnostic technology was identified as the "gold standard" for COVID-19 diagnosis due to its high sensitivity and accuracy.

China's PCR diagnostic market is developing rapidly, with the market size growing rapidly from about RMB 2.37 billion in 2015 to about RMB 5.93 billion in 2019, with a compound annual growth rate of 25.8%. China's PCR industry experienced explosive growth due to the huge demand for testing caused by the outbreak of COVID-19 in 2020, and the market size of China's PCR diagnostic industry exceeded 10 billion yuan in 2020. With the introduction of a large number of PCR diagnostic instruments, the PCR diagnostic industry will enter a new stage of development. It is expected that the PCR diagnostic industry will maintain a double-digit growth rate, and the market size of the PCR diagnostic industry will reach about 23.42 billion yuan in 2030 based on the factory price, and the cagR will reach about 13.3% from 2019 to 2030.

Market Demand of the the polymerase chain reaction

The DNA/RNA Extraction Kit market and other the polymerase chain reaction s are projected to grow at a CAGR of 8.26% during the forecast period 2022-2027.

The COVID-19 pandemic has impacted the the polymerase chain reaction market for a short time due to restrictions on different business and research activities for the polymerase chain reaction s. In addition, diagnostic tests for other diseases and medical conditions in hospitals and other clinical diagnostic facilities have been affected as COVID-19 has led to fewer patients taking tests. However, the high rate of COVID-19 infection and research activities are undertaken by major companies in the field of sequencing to expand their understanding of the virus and its origins, as well as molecular diagnostics of the SARS-COV-2 virus, have led to the development and launch of many DNA - and RNA-BASED COVID-19 kits, The kits proved so important that they were in great demand.

Market drivers for the the polymerase chain reaction

The growth of the DNA/RNA extraction kit market is primarily driven by increased investment in R&D activities in different areas, including molecular diagnostics for different chronic and infectious diseases. For example, the US spent $842 billion on R&D activities in 2020, followed by China at $664 billion, according to the ORGANISATION for Economic Co-operation and Development. Technological advances worldwide, new product launches by major market players, and an increase in cancer cases are also likely to complement the growth of the markets under study.

Other factors, such as increased demand for automation of DNA/RNA extraction technologies, new user-friendly and easy extraction kits, and DNA/RNA for analysis of new diseases causing microorganisms, are expected to drive DNA/RNA growth. RNA Extraction Kit market during the forecast period. Therefore, low awareness and availability of the kit and low market penetration in less developed and developing regions around the world are the major factors limiting the growth of the DNA/RNA extraction kit market.

North America is expected to dominate the global the polymerase chain reaction market during the forecast period

North America, which holds a major share in the the polymerase chain reaction market, is expected to show a similar trend during the forecast period, mainly due to the high level of R&D activity in the region and the presence of major market players in the region constantly developing their products for the markets studied.

In the region, the US is expected to take a major share of the DNA/RNA extraction kit market due to heavy investment in R&D by government and private entities, increased demand for the polymerase chain reaction s, and the rising prevalence of chronic diseases.

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