Recently, the international crude oil market price will exceed the one hundred yuan mark, which will benefit the chemical market, because crude oil products affect the "lifeline" of some chemical products markets. However, as the chemical industry's related industry - the paint industry, will be touched by the crude oil market. As we all know, the main raw materials for coatings are manufactured from chemical solvents, synthetic resins, titanium dioxide, and other products. These products are affected by the high international oil prices, and prices have risen significantly. It is understood that major brands of paint, paint are also rising prices. Industry analysts believe that with the rise of international oil prices, the cost of domestic paint companies is expected to continue to rise. It can be seen that rising upstream products will inevitably increase the cost of downstream markets. Next, we have an in-depth analysis of which products in the coating solvents are “involvedâ€.
Acetone market is booming
January 1 After the end of the New Year's Day, the acetone market rose, mainly due to the rise in international crude oil prices. The focus of the trading floor gradually moved closer to the high end. The price rose by 6.5% to RMB 7,425 per ton; the overall domestic atmosphere of the acetone market in February. Light. As market fundamentals of supply and demand are still weak, speculative activities in the market can only use more sudden and good news in the market in the context of sluggish demand and continuous increase in supply. However, as far as the current situation is concerned, domestic acetone stocks continue to rise. The favorable crude oil and the maintenance of equipments at home and abroad in the later period have limited market support and the risk has gradually increased. Jiangsu, Zhejiang market negotiations price of 8000 ~ 8200 yuan / ton, South China negotiations price of 8200 ~ 8400 yuan / ton, Yanshan surrounding negotiations price of 8000 ~ 8050 yuan / ton.
Ethyl acetate market warms up prices
Affected by the increase in the price of raw materials, the ethyl acetate producers increased their price increase, driving prices to continue to rise. In the East China region, the ethyl acetate market was relatively stable, with prices slightly rising at RMB 6,850 to RMB 6,950/tonne; in South China, the ethyl acetate market was operating steadily and the price was slowly rising, RMB 7,000 to RMB 7,200/tonne; in North China, the ethyl acetate market The talks were dull and the price was narrowly sorted. The price was 6750-6850 yuan/ton.
Toluene market is showing upward trend
The domestic toluene market rose and the trading atmosphere was dull. Toluene market in East China market rose strongly, and the atmosphere was quiet. In the morning, the mainstream quoted price of toluene in Zhangjiagang area was 7900-8000 yuan/ton (out of cans), and in the afternoon, the mainstream turnover of toluene in Zhangjiagang district was 7800-7825 yuan/ton (out of cans), up by 50-75 yuan/ton from the previous trading day. Market sentiment slightly higher; toluene market in South China rose, trading was flat;
Ethylene glycol market is booming
As the price of raw material ethylene has risen due to the increase in international crude oil market prices, the ethylene glycol market has been running at a high level driven by the polyester industry's upward trend. It is expected that the ethylene glycol market will continue to trend higher in March.
Propylene oxide market is available
The recent increase in the crude oil market price may push up the price of propylene oxide, the main raw material of propylene oxide. Then, the market price of propylene oxide will also increase. In addition, there is a possibility that propylene oxide itself may increase in the period from March to May because of the season. It can be seen that the propylene oxide market will enter the upward track in 2011.
In summary, the above market for paint solvent products is on the rise, and the root cause lies in the rising international crude oil market. At the same time, remind manufacturers to seize the opportunity to increase prices and avoid blindly increasing prices. The rise in the oil price market is also beneficial to the development of the paint solvent product market. It has once again proved that in 2011, the overall paint industry market has a bright future.
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