On May 22 colophony price index

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

Adjacent benzene is general-purpose colophony - 220, double-loop (DC) the hand papers colophony - 200, man-made stone / stone stone colophony - 120, pull crowded colophony - 100, twine structural layer colophony - 180, twine a benzene liner colophony - 220, colophony of NPG mould pressing - 290, colophony of DPG mould pressing - 180. Weak potential of raw material market is adjusted, on sale price of not saturated colophony half weeks reduce 200 yuan, below half weeks rebound likely.

In downstream market demand fatigued and weak pressure falls last week, raw material market appears generally weak force arranges pattern. Pure in light of the angle that changes from cost, price of this week UPR market is put in the pressure that weak force reduces, but, the capital market of this week and commodity market appear likely to change delicately, interest good factor begins to increase, do not eliminate what chemical industry tastes the raise after the market appears to or first to go accordingly situation. Above all, g7 conference ends, release more cooperative signal to China, the economic collaboration that predicts corresponding country and China will appear to be improved apparently, include official of trade of Sino-US and advanced classics meet to also will restart. External environment appears to be improved apparently; Next, april of economic data fatigued and weak, to protect 2 quarters economic norms, the policy that forces a government to adopt more exciting economic stability comes on stage, of financing of fundamental construction project fulfil plan to will be accelerated apparently, this will be helpful for enhancing the refreshment of kind of UPR market; The 3rd, capital market is improved continuously, drive the refreshment of commodity market confidence; The 4th, the strength of stop production support value of industry of upriver raw material is increased further, structure of supply and demand appears to be adjusted apparently. Accordingly, we think, this week market appears likely the situation that weak force rebounds.

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