Paint & Coating News

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

Therefore, companies in the industry chain need not panic too much about power cuts. In the later period, more attention will be paid to the production reduction of upstream enterprises due to efficiency problems, and the impact of downstream production

• chemical raw material
• Epoxy Resin

Petrochemical and new energy upstream product prices rise, downstream part of the fine chemicals price trend is not optimistic

• Chemical Industry
• chemical price

LANXESS is raising prices for inorganic pigments globally, effective immediately.

• LANXESS
• inorganic pigments

At the opening in the morning, Lihua Yiweiyuan raised the listing price, and phenol was raised by 300 yuan and executed by 9,000 CNY/ton. Factories continued to control their shipments, and local traders followed suit.

• Phenol

On the night of July 18th, the domestic commodity market continued the Jedi counterattack during the day, and the pattern of general uptrend appeared again. The crude oil system performed brilliantly and became the vanguard of the counter-offensive.

• crude oil

Recently, the price of TGIC curing agent, which has continued to decline, has fallen again. The current quotation is around 36-38 yuan/kg.

• chemical
• price

The CPI and PPI data released by the United States this week have exploded one after another. Inflationary pressure has caused a surge in the market’s expectations for a sharp 100 basis point interest rate hike by the Federal Reserve at its July meeting

• POM
• ABS
• PP

According to the monitoring of commodity data, the price of isopropanol decreased this week. The average price of domestic isopropyl alcohol was 7125 CNY/ton last Thursday

• Isopropyl alcohol

As of July 13, 2022, the average ex-factory price of domestic industrial-grade dimethyl carbonate is 6,833 CNY/ton. Compared with July 1, 2022 (the reference price of dimethyl carbonate is 6,000 CNY/ton), the price has increased by 833 yuan. CNY/ton

• Dimethyl Carbonate

Under the collapse of the crude oil belt, the chemical raw material sector continues to collapse! The futures market is bleak green, and the spot market opens directly!

• plastics
• POM
• PVC
• ABS
• PET

Recently, the price of isobutyraldehyde, which has continued to soar, has gone out of the big reversal market.

• Isobutyraldehyde
• propylene oxide
• neopentyl glycol

As of July 12, 2022, the average ex-factory price of domestic industrial grade propylene glycol is 10,600 CNY/ton.

• Propylene Glycol

In early July, the domestic propane market rose steadily, and the Shandong market rebounded slightly.

• Propane