On June 19 colophony price index

China unsaturated polyester resin (UPR)
China unsaturated polyester resin (UPR)

Adjacent benzene is general-purpose colophony - 80, double-loop (DC) the hand papers colophony - 70, man-made stone / stone stone colophony - 10, pull crowded colophony - 20, twine structural layer colophony - 50, twine a benzene liner colophony - 80, colophony of NPG mould pressing - 170, colophony of DPG mould pressing - 60. Weak potential of raw material market rebounds, market of not saturated colophony is overall and stable.

Last week before raw material market low hind tall, after the government announces to be about to announce package economic stability to plan, capital market and commodity market appeared to rebound apparently. We predict, this week market, this kind of mood changes rebound will still continue, drive the rise of sex of UPR cost occurrence phase thereby. Because this week has device of multinomial and large styrene to cast / answer produce, the date of put into production that fills a source to add unit of 200 thousand tons of suitable anhydride newly from Henan at the same time is closer and closer, accordingly, raw material goes situation more be it is good to lend policy benefit and have local repair, rebound time and extent, remain to observe further. As to UPR market value, level sex builds a bottom to be able to have affirmed, whether does follow-up price rebound rise, depend on the market of raw material goes situation, and do not depend on the change of downstream demand. Expect the growth of downstream market, should be after a month just can appear apparently.

2024
Newsolar Conference
15-18 December

New York City