Raw Material Market Price Analysis in Coatings Industry

In the situation where real estate purchases are still showing signs of loosening, the raw material market is also undergoing corresponding changes. The real estate control policy is still continuing, the cost is rising too fast, the trend of currency normalization is uncertain, and the trend of currency normalization is uncertain... In the face of an unoptimistic external economic environment Paint companies should also understand the raw material market. The following kinds of raw material prices:

Phenol: General market demand, prices are relatively stable. The market stock is not high, but the initiative to discuss limited, due to phenol prices have been running at relatively high levels, terminal buyers more cautious attitude, the purchase volume decreased, the market demand stagnated, traders have slowed shipments, but currently The market is cheaper. At present, the mainstream market price of southwest phenol is 15300-15500 yuan/ton.

Methanol: The atmosphere of market transactions is calm, and price fluctuations are not significant. The local methanol plant was under-employed, but the supply from outside sources basically filled the gap in the market supply, and downstream users purchased it on-demand, with a general atmosphere of transaction. At present, traders have a stable mentality and have a certain intention of shipping. The quotation is temporarily stable, and the mainstream price is 2850-2950 yuan/ton. The mainstream quoted price of the Northwest Methanol Railway transported to Chengdu-Chongqing area is 2850-2900 yuan/ton.

Formaldehyde: The market oscillated weakly and prices fell slightly. The recent start-up of formaldehyde is relatively stable, and the market supply is relatively abundant, while the decline in raw material methanol prices has affected the market's expectations for formaldehyde prices, and the active buying has decreased, and the trading atmosphere has weakened. Currently, traders are slowing their shipments and offer prices are slightly lower. The mainstream market price is 1400-1500 yuan/ton.

Acetic acid: The market is under pressure and prices have fallen sharply. The production of the main acetic acid plant in the region was normal. Affected by the poor sales of coastal ports, the outsourcing of products was reduced, and the inventory of manufacturers increased. End-user buyers were increasingly resistant to high-priced raw materials, lack of market initiative to negotiate, wait-and-see atmosphere increased, traders shipped slowed down, prices fell sharply, the mainstream market price in the 4200-4400 yuan / ton.

Vinyl acetate: Market turnover was weak and prices fell slightly. The main local vinyl acetate plant started to be stable and the manufacturers’ inventory was not high. Recently, the atmosphere of vinyl acetate trading was high and the terminal buyer's attitude was cautious. Trading volume continued to decline, partially offsetting the shortage of goods. Traders' shipments slowed down and prices declined slightly. At present, the market price of vinyl acetate in the southwest is 9700-9900 yuan/ton.

**: The market sentiment is on the sidelines and the price is slightly weaker. The market supply is relatively stable, and downstream users' intentions for entering the market have been weakened. Mainly due to the recent poor crude oil trend, traders are worried about rising prices, and ** prices are running at high levels, making active buying less, and turnover is weak. At present, traders have a wait-and-see sentiment, and they have a certain amount of shipping intention. At present, the market price of Southwest ** is 9350-9450 yuan/ton.