Analysis of the operation and trend of the main raw materials of powder coatings in July 2021

1.

At the raw material level: this week’s PTA market price has risen in line with crude oil.

At the level of supply and demand: downstream customer demand is mostly based on rigid demand

Forecast: The price of "polyester resin" is expected to show an upward trend from the end of July 2021 to the beginning of August 2021

2.

At the raw material level: the restart of some domestic epichlorohydrin plants .

At the level of supply and demand: the downstream demand of the market is flat

Forecast: The price of "epoxy resin" is expected to show an upward trend from the end of July 2021 to the beginning of August 2021

The commodity index chart of sulfur in the past three months is as follows:

The commodity index chart of sulfuric acid in the past three months is as follows:

At the raw material level: the downstream titanium dioxide operating rate has declined significantly recently, the demand for titanium concentrate has been relatively flat, some traders have returned funds at low prices, and the weakening of supply and demand has caused prices to fall.

Supply and demand level: The demand of downstream customers is flat, and most of them purchase on demand.
At present, the market is mostly wait-and-see and wait for low prices
.

Forecast: The price of "titanium dioxide" is expected to show a downward trend or maintain stability from the end of July 2021 to the beginning of August 2021
.

4.
TGIC curing agent

At the raw material level: the price of epichlorohydrin has continued to rise at the beginning of this month, and until this week, the price has slowly declined.
The spot supply in the northern market has shown a narrow increase trend.
The southern factory's parking maintenance inventory is delivered to the contract customer before the market spot supply Relatively abundant, Dongying Liancheng, Hebang and Shandong Xinyue both stopped for maintenance in July.
Jiangsu Haixing expects to stop for maintenance for about 15 days.
Construction has not yet started.
Jiangsu Anbang, Zhejiang Haobang, Hebei Jiaao and other factories are still returning The plant is in the state of shutdown and maintenance.
Shandong Xinyue's 60,000-ton/year glycerin process plant is under trial operation, and Zhejiang Haobang’s 60,000-ton/year glycerin process epichlorohydrin plant has not yet been commissioned.
TGIC manufacturers have started relatively stable operation.
Customer demand is flat, domestic production capacity of TGIC continues to increase, and the supply of TGIC is relatively stable in the short term
.

At the level of supply and demand: the overall market transactions are flat, and downstream customers' demand is mostly based on rigid demand
.

Forecast: The price of "TGIC curing agent" is expected to show a downward trend from the end of July 2021 to the beginning of August 2021
.

5.
HAA curing agent

Raw material level: Recently, diethanolamine in East China closed at 9600-9800 yuan/ton.
The market is currently in stability maintenance and supply pressure is not strong.
Most sellers offer relatively stable prices.
It is affected by the maintenance of the main alcohol amine plants in East China, and most of them are The actual demand is mainly for procurement.
At present, domestic ethanolamine is expected to be sorted by market range in the short term; the recent price of DMA dimethyl adipate is mostly stable, and the demand from downstream customers is flat.
It is expected that the price of DMA will remain stable in the short term
.

 Supply and demand level: The supply of HAA curing agent in the market is normal, and the downstream customers are mostly based on rigid demand
.

Forecast: The price of "HAA curing agent" is expected to be stable from the end of July 2021 to the beginning of August 2021
.

Reminder: There are many factors affecting price fluctuations, and the above content is for reference only
.

The above content is compiled and provided by Shenzhen Xinhai Technology Co.
, Ltd.
, and reviewed and released by the Coating and Coating Professional Committee of China Chemical Society
.