Paint & Coating News

The operating rate of many chemical industries is low, the main factor is that the demand group is in a weak position, and the high price hinders the demand.

• chemical raw material
• neopentyl glycol
• BDO
• bisphenol A

The downstream demand is not good, and its products are also falling. There is very little demand for LER, and some manufacturers and enterprises have fallen to the edge of 2.

• Epoxy Resin

Following the "order shortage" that caused more than 70 chemical companies to close their orders without quoting The 90% at the beginning of the year has dropped to the current 54%

• chemical raw material

The Abrafati Award for Science in Paints is recognized as the main one in its field in the country. It was created in 1987 to encourage research and contribute to the technological development of the paint industry in Brazil

• coating industry

According to monitoring data, as of June 27, 2022, the average ex-factory price of domestic industrial-grade dimethyl carbonate is 5,800 CNY/ton, which is similar to that on June 1, 2022

• Dimethyl Carbonate

According to the price monitoring, the domestic PTA market fell significantly. As of June 24, the domestic market was at 6,634 CNY/ton, down 7.86% from the beginning of the week and up 33.88% year-on-year.

• PTA

Last week, the decline of the raw material Bisphenol A expanded, and the negative pressure on the PC cost side increased

• bisphenol A

In the first half of 2022, the cis-butadiene rubber market showed a wide fluctuation and an overall upward trend, and it is currently at a high level for the year.

• Butadiene rubber

Affected by the rising international crude oil prices and the growth of downstream demand, the price of pure benzene has soared.

• Pure Benzene

In the second quarter of 2022, the overall decline of bisphenol A was obvious. Due to the superposition of geopolitical and epidemic emergencies, the upstream and downstream of bisphenol A were significantly differentiated.

• bisphenol A

In the first half of 2022, the cis-butadiene rubber market showed a wide fluctuation and an overall upward trend, and it is currently at a high level for the year. According to data monitoring

• Butadiene rubber

Price monitoring shows that the domestic PTA market maintains a strong rise and is at a 3-year high. As of June 8, the average market price was 7,726 CNY/ton, up 6.81% from the previous day and up 65.20% year-on-year.

• PTA

After a long period of losses, the PX (paraxylene) industry has finally turned losses into profits.

• PX
• Paraxylene

According to the price monitoring, the domestic PTA market maintained a strong rise and was at a 3-year high. As of June 8, the average market price was 7,726 CNY/ton, up 6.81% from the previous day and up 65.20% year-on-year.

• PTA
• polyester

As the energy shortage intensifies, as a plasticizing raw material downstream of the energy chemical industry, a "price surge" has begun!

• PET
• Benzene

At about 12:45 on June 8, a spherical tank pump of Maoming Petrochemical Chemical Division leaked, causing the intermediate tank of the aromatics unit of the ethylene cracker to catch fire.

• Ethylene
• PP
• PE

The recent supply fluctuations in the global crude oil market finally made crude oil bears give up their last position! Goldman Sachs continues to raise its crude oil price forecast, raising its summer peak oil price target from $125 to $140!

• PTA
• Styrene

At the beginning of June, the domestic propane market price mainly consolidated within a narrow range.

• Propane

In recent years, the profits of PX production have fluctuated greatly. Before 2019, PX companies basically maintained a high profit state, but from the second half of 2019 to 2021

• PX
• Paraxylene

On June 14, Clariant announced that it had entered into a definitive agreement to divest its pigment business to a consortium of Heubach Group and SK Capital Partners for an enterprise value (EV) of CHF 805 million (approximately US$ 952.7 million).

• Clariant
• pigment