Paint & Coating News

Recently (August 11-23), the domestic polyester filament market stopped falling, of which polyester DTY increased by 1.19%, polyester FDY and polyester POY increased by 0.58% and 0.47% respectively.

• power cut
• production limitation

In the first half of 2022, the overall performance of the isopropanol market was unsatisfactory. Some new production capacity was released, but at the same time some production capacity was eliminated.

• Isopropyl alcohol

In this cycle, 27 products rose, accounting for 24.32%; 60 products remained stable, accounting for 54.05%; 24 products fell, accounting for 21.63%.

• chemical
• PTA
• MIBK

The double raw material fluctuated sideways at a high level. Although the price was basically the same as yesterday, the price of liquid resin was getting better, so there was no intention to make any concessions, and the quotation was firm.

• Epoxy Resin

Recently, international coatings giant Jotun announced that it has sold its interests in Russia and left the country.

• Atomstroykomplex
• construction industry

With the continuous rise of the raw material bisphenol A, the price scissors gap with PC has narrowed to less than 2,500 CNY/ton, and the industry is facing huge cost pressure

• bisphenol A
• PC

Recently, the domestic epoxy resin market has picked up, with the liquid epoxy resin market rising steadily, and the solid epoxy resin market rising steadily.

• Epoxy Resin

The price trend of TDI in East China continued to rise. On August 19, the average market price in East China was 17,175.00 CNY/ton, an increase of 3.46% compared with the price of 16,600.00 CNY/ton at the end of last week

• TDI
• xylene
• toluene

Sichuan, Chongqing, Zhejiang, Jiangsu, Hubei and Anhui have introduced electricity restriction policies, and many industrial enterprises have received notices of power outages and staggered electricity consumption.

• china chemical trend
• chemical material

In response to the impact of continued price spikes, Germany has announced the introduction of a natural gas surcharge as of October. The move will cost the German chemical and pharmaceutical industry more than 3 billion euros a year

• coating industry
• German chemical

Yesterday, Sinopec East China Phenol was raised by 100 CNY/ton to execute 9400 CNY/ton, Sinopec North China Phenol was raised by 200 CNY/ton and executed 9400-9500 CNY/ton.

• Phenol

GlobalData, the world's leading data analytics company, expects Asia to lead global polyethylene capacity growth in the next few years.

• Polyethylene

According to incomplete statistics, the prices of more than 80 products in the oil industry chain and derivative industry chain have fallen significantly due to this impact.

• plastic industry

Recently, the price of bisphenol A has risen in a narrow range at a low level. Although the overall start-up of the two downstreams has increased, the operating rate of epoxy resin is close to 50%

• bisphenol A
• PC

Driven by the high prices of factories, the plastic categories such as PC ABS PVC that have fallen for four months have begun to rebound slightly recently!

• pa66
• EVA
• EPS
• PVC

On August 1, 2022, a grand delivery ceremony was held for the 280,000 tons per year 1,4-butanediol (BDO) project of Inner Mongolia Dongjing Bio-Environmental Technology Co., Ltd, which is general contracted by Beijing Petrochemical Engineering Co.

• BDO production
• Chemical Industry

The International Energy Agency (IEA) said that the global demand for naphtha has fallen sharply for two main reasons.

• Naphtha

In July, the liquid epoxy resin went down all the way. The highest average price in the month was 22,000 CNY/ton, and the lowest average price was 17,800 CNY/ton, a drop of 19.09%

• Epoxy

On July 26, Shenyang Chemical Co., Ltd. issued an announcement on shutting down the 250,000-ton/year polyether polyol project of its subsidiary Shandong Bluestar Dongda Co., Ltd.

• Polyether polyol

Today, the domestic bisphenol A market is stable and excessive. In the morning, the price of Lihua Yiweiyuan was raised by 200 yuan to 11,700 CNY/ton.

• bisphenol A