Resin Price Index on November 13, 2023
Ortho-benzene universal resin -220, double ring (DC) hand layup resin -200, artificial stone/quartz stone resin -200, pultrusion resin -170, winding structure layer resin -200, winding interlayer benzene lining resin -200, NPG type molding resin -240, DPG type molding resin -170.
The raw material market continues to be weakly adjusted, and the resin market price has been lowered by 200 yuan.
Last week, most raw material prices remained stable and softened, resulting in insufficient effective demand in the entire basic chemical market. The downstream market of UPR is still fragmented, with strong demand for some high-end enhanced products and strong market prices; However, the low-end market and non enhanced market are still sluggish, and resin prices are becoming increasingly weak. The northern region is experiencing heavy snowfall, and outdoor construction is basically stagnant. The UPR downstream industry in the northwest and northeast regions has entered a low season as a whole.
The current trend of differentiation may be the main feature for a period of time in the future. In the upstream raw material market, production capacity continues to increase, and the surplus situation is becoming increasingly severe.