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[China Epoxy Resin Industry Online] September 23, 2004.
According to a survey conducted by the Zhejiang Provincial Statistics Bureau, due to the steadily rising international crude oil prices, the prices of crude oil and refined oil products in Zhejiang Province have continued to rise recently, and the prices of chemical raw materials such as toluene have gone up.
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In August, the ex-factory price of toluene in Zhejiang Province rose 57.
6% year-on-year, and the pressure on the production cost of coatings and paint companies continued to increase.
The price has been rising since June.
According to statistics, the ex-factory prices of paints in Zhejiang Province fell by 1.
7% in June, the prices rose by 0.