Paint & Coating News

On June 14, under an existing agreement, LANXESS is raising prices for inorganic pigments globally, effective immediately.

• LANXESS
• inorganic pigments

In cooperation with SI Coatings, a company of the Huehoco Group in Wuppertal, Germany, Evonik has developed a water-based primer based on VESTOSINT® polyamide 12 powder for the preparation of steel in the fluidized bed coating process.

• waterborne primers for polyamide coatings

In May, the domestic PTA market maintained a volatile upward trend, at a 3-year high.

• PTA price

Last week, the domestic PC market was weak, and factory prices were successively lowered.

• bisphenol A
• PC factory

As of May 26, 2022, the average ex-factory price of domestic industrial-grade propylene glycol is 12,733 CNY/ton. Compared with the price on May 1, 2022

• Propylene Glycol

In recent years, with the rapid development of downstream application fields of anti-corrosion coatings, such as shipbuilding, oil and gas industry, petrochemical refining, infrastructure, power industry

• anti corrosion coating

Recently, Mitsubishi Chemical HD Group issued a price increase letter saying that the price of PET bottles will be raised again from June 21. The increase is a 10% increase on the existing basis!

• coating industry
• Mitsubishi chemical

On May 8, Wanhua Chemical (Ningxia) Company's 300,000 tons/year diphenylmethane diisocyanate (MDI) separation project officially started.

• Wanhua
• BASF
• Covestro

In the context of the rapid growth of the photovoltaic industry, the market demand for EVA (ethylene-vinyl acetate copolymer) resin, especially high-end photovoltaic materials, is strong.

• Photovoltaics
• EVA

On May 13, in the production plant of Pingmei Shenma Group Polycarbonate Material Company located in the Advanced Manufacturing Development Zone of Yexian County, Henan Province

• PC unit
• bisphenol A

As of May 18, 2022, the average ex-factory price of domestic industrial-grade propylene glycol is 12,200 CNY/ton. Compared with the price on May 14, 2022

• Propylene Glycol

Recently, the key project of the national petrochemical industry planning and layout - Shenghong refining and chemical integration project was successfully put into operation in Lianyungang, Jiangsu

• Refinery
• chemical project

The average domestic liquid caprolactam market price was RMB 13,966 per tonne on May 9 and RMB 14,233 per tonne on May 16. Caprolactam prices rose by 1.91%.

• Caprolactam

On May 16, CNNC Titanium Dioxide (002145.SZ) issued an announcement. According to the recent market demand for titanium dioxide, the company's price committee decided to comprehensively increase the sales price of various types of titanium dioxide

• Titanium Dioxide

The domestic PTA market rose significantly. As of May 12, the average domestic PTA market price in East China was 6,636 CNY/ton, an increase of 2.85% over the previous trading day and a year-on-year increase of 36.81%.

• PTA

On May 1, the average domestic liquid caprolactam market price was 13,483 CNY/ton, and on May 9, the average domestic liquid caprolactam market price was 13,966 CNY/ton. Caprolactam prices rose 3.58% this week.

• Caprolactam

In April, the price of domestic polyester staple fiber showed a narrow fluctuation and closed up slightly.

• Polyester staple
• fiber

At the beginning of the month, the domestic market price of aggregated MDI was 19,316 CNY/ton, and the price at the end of the month was 18,800 CNY/ton, a decrease of 2.67% during the month and a year-on-year decrease of 0.40%.

• MDI

In April, the mainstream price of styrene in Shandong fluctuated and rose. At the beginning of the month, the price of the sample enterprises of the business club was 9325.00 CNY/ton

• Styrene

Recently, the domestic PVC spot and futures markets have turned sharply down, both futures and spot prices have fallen

• PVC