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What is the trend of the main Raw material related to powder coating?
 
Release time:2021-06-29 15:17:15 【back】
 

The powder coating industry is about to enter the off-season. At present, the main raw materials of powder coatings in the market, such as polyester resin, epoxy resin, titanium dioxide, TGIC, and HAA, are flat, and the downstream demand is mainly just needed. It is expected that the price trend of materials above July will be stable or downward, but the drastic changes in prices caused by large-scale production restriction or production suspension caused by emergencies cannot be ruled out.

1. polyester resin

The market price charts of PTA and NPG, the main raw materials of polyester resin, are as follows:

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Raw material level: Recently, the crude oil price has reached a new high, and the PTA market price has risen slightly. Some PTA plants have not run smoothly in the new capacity test run, and the inventory is average. The downstream polyester factory has a high load and a stable supply. It is expected that the PTA market will be adjusted in a narrow range in the short term; Because the price of neopentyl glycol upstream raw materials fluctuates greatly, the NPG market price is also in a trend of fluctuation consolidation, and the transactions of downstream customers are dull. It is expected that the NPG price will fluctuate mainly within a narrow range in the short term.

Trend: Downstream customers have entered the off-season, and most of the market transactions are just needed. It is expected that the price of "polyester resin" will maintain stability from the end of June 2021 to the beginning of July 2021.

2. Epoxy resin

The market price trend charts of the main raw materials of epoxy resin "Epichlorohydrin" and "bisphenol A" are as follows:

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Raw material level: this week, the price of glycerin as the raw material of epichlorohydrin has steadily declined, the price of liquid chlorine as raw material has rebounded, the cost of propylene process has risen in a narrow range, most downstream factories have not received orders smoothly, and the purchase of raw materials is relatively negative. The new orders in the market are relatively dull. The orders of the producers of epichlorohydrin have been delivered gradually in the early stage, and the market spot is sufficient. As of Thursday's close, the mainstream reference in East China market discussed the acceptance of 12,800-12,900 yuan/ton; Huangshan market mainstream reference talks about 12700 -12900 yuan/ton acceptance; The mainstream reference in Shandong area negotiated 12,600-12,700 yuan/ton acceptance, and it is expected that epichlorohydrin will be weakly sorted in the short term; During the week, the export volume of bisphenol A manufacturer was limited, traders' inventory was not high, and there was no obvious supply pressure on the supply side, but the terminal demand was weak, the orders received by downstream epoxy resin factories were poor, and the quotation of bisphenol A holders was lowered, but the transaction was still relatively dull. As of the close of June 24, the reference negotiation of the bisphenol A market in East China was 20700-20900/ton, and it is expected that the price of bisphenol A will show a slight downward trend in the short term.

Trend: From the perspective of supply and demand, the demand of several large downstream industries has not obviously improved, the purchasing enthusiasm of wind power customers is not high, and the demand for electronics and coatings has a decreasing trend. It is predicted that the price of "epoxy resin" will show a downward trend from the end of June 2021 to the beginning of July 2021.

3. Titanium dioxide

The market price charts of titanium fine powder and sulfuric acid, which are the main raw materials of titanium dioxide, are as follows:

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From the perspective of raw materials, due to the recent tightening of environmental protection policies and requirements in the Panzhihua area, it is expected that the related mining enterprises and downstream enterprises will be further affected in the later period. In terms of imported titanium ore, the price is still at a high level under the dual factors of a tight spots and high shipping costs. Titanium concentrate prices will continue to be stable at a high-level next week; This week, the average price of 98% sulfuric acid in China was 544.41 yuan/ton, and the sulfuric acid market in Shandong was upgraded. Laiwu No.1 ore acid enterprise is expected to stop for up to 3 months. Acid enterprises are generally bullish on the follow-up market, and smelting acid and ore acid in the region has been raised by 20-100 yuan/ton; Sulphuric acid in the region increased by 30 yuan/ton; The northern Jiangsu area was weakened by the impact of low-priced acid in Shandong, and the inventory of acid enterprises was low, and the price increased by 40 yuan/ton with the market; In southern Jiangsu, the previous price is maintained, the main acid plant in Zhangjiagang is mainly exported, and the main acid plant in Zhenjiang maintains stable shipment and implements the previous orders; The acid price in Shandong has risen, and the demand in Hubei market is large. Henan acid enterprises have better shipments, and the negotiated price is raised by 20-30 yuan/ton; The demand for acid for chemical fertilizers in the lower reaches of the two lakes is stable, and the acid market transactions are good. The inventory of acid enterprises in Hunan is low, up 80-100 yuan/ton; Limited electricity or raw material supply restrictions in the southwest, acid enterprises started at a low level, and Sichuan and Yunnan acid enterprises were raised by 20-40 yuan/ton; Downstream factories and traders are not motivated to purchase, and transactions are mainly based on small orders according to needs. In the week, refineries in various regions mainly maintain low inventory operation; The average price of domestic sulfur reaches 1524.5 yuan/ton, which supports the surrounding market. From the current market supply and demand performance, it is expected that the refineries in various regions will mainly maintain stability in the short term, and some refineries will sort out within a narrow range according to their own shipment conditions.

Trend: From the perspective of supply and demand of titanium dioxide, the demand of downstream customers has turned into the off-season, and most of them are just needed. The export market of factories is greatly affected by the epidemic situations, high shipping costs, unstable shipping schedules,s, and other reasons. It is predicted that the price of "titanium dioxide" will show a downward trend or maintain stability from the end of June 2021 to the beginning of July 2021.

4.TGIC curing agent

The market price charts of epichlorohydrin, the main raw material of TGIC, are as follows:

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At the level of raw materials: the price of epichlorohydrin kept a small fluctuation at the beginning of this month, fluctuated greatly in the middle of the month, and started to fall again this week. The starting load of domestic epichlorohydrin production enterprises was mostly stable, a load of some factories dropped slightly or stopped for a short time, the inventory of some manufacturers increased, and the spot supply in the market was abundant. The 40,000 tons/year glycerol process plant in Zhenyang, Ningbo was still under commissioning, and the 60,000 tons/year glycerol process plant in Xinyue, Shandong started the trial run. The 60,000 t/a glycerol epichlorohydrin plant in Zhejiang Haobang has not been put into trial operation yet, Dongying Hebang and Jiangsu Haixing are expected to carry out overhaul in July, Jiangsu Anbang plant has stopped running, the early orders of TGIC manufacturers have been basically delivered, and the transactions of downstream customers are relatively weak. The new factories producing TGIC in China have already produced part of their production capacity this month, and some production lines of some factories are being adjusted, but the overall supply-demand for the market is not affected, and the supply of TGIC is expected to be stable in the short term.

Trend: At the level of supply and demand, the current market transactions are dull, and the downstream demand is mainly just needed. It is predicted that the price of "TGIC curing agent" will show a downward trend from the end of June 2021 to the beginning of July 2021.

5.HAA curing agent

The main raw material diethanolamine charts of HAA are as follows:

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Raw material level: Recently, the diethanolamine market has performed positively, the overall supply is stable and tight, the low-end supply is difficult to find, and the merchants are in a firm state. In the later period, under the expectation of maintenance in Sri Lanka and Jin Yan, the market has some hype atmosphere, Nanjing factory is shut down, the inventory of domestic ethanolamine factories is at a low level, and the main starting load of ethanolamine is maintained at 6-70%. It is expected that ethanolamine trade will maintain a high consolidation trend in the short term, waiting for the spot to increase one after another, but the downstream market demand is currently in the off-season. Recently, the price of DMA dimethyl adipate is mostly stable, the demand of downstream customers is weak, and the starting load of the factory is stable. It is expected that the DMA price will maintain stability in the short term.

Trend: From the aspect of supply and demand, the market supply of HAA curing agents is normal, while the downstream market demand is dull, and customers are mainly in need, and the market is similar to TGIC.

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Bruce. Wong???? Achemsupplier

This is Bruce from Niutang TGIC chemical factory. Our product used for coating, solder resist Ink,plastic., rubber, adhesive additive, crosslinking agent, photosensitive material…


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