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After the New Year's Day holiday, the engineering material market ushered in the first wave of "price increase letters" in 2019:
Chemical giant Royal DSM issued a letter of price increa.
BASF announced that it will increase the prices of 1,6 hexanediol (HDO), caprolactone (CLO) and polycaprolactone (Capromer) by $10/lb in North America effective January 1, 201
Germany's Evonik also recently announced that it will increase the price of its methacrylic resin product series by at least 10%, and some products will increase by 20% to 2
Celanese has announced price increases for its GUR® and GHR® grades (UHMW-P.
Although I don't know which giant will increase the price next, it is undoubtedly a booster for the current engineering materials market! Will the weak engineering materials market be affected by the "price increase letter" to end the current sluggish situation? The editor briefly analyzes the recent market conditions of engineering materials:
PC market conditions: The PC market has been in a stalemate before the holid.
grade | Origin/Manufacturer | December 24 | January 2 | ups and downs |
L-1250Y | Jiaxing Emperor | 20000 | 20000 | 0 |
S3001R | Mitsubishi Thailand | 22500 | 22500 | 0 |
IR2200 | Formation of light | 17300 | 17100 | -200 |
PC-110 | Chi Mei Taiwan | 20300 | 20300 | 0 |
Price list of some grades in PC market of China Plastic City
PA market situation: The PA market before the festival has been in a weak and downtrend situation due to the upstream raw material caprolactam and adipic acid, and the support from the cost side has not yet been achiev.
grade | Origin/Manufacturer | December 24 | January 2 | ups and downs |
1013B | Shijiazhuang Zhuangyuan | 17000 | 16500 | -500 |
YH800 | Baling Chemical Fiber | 16500 | 16500 | 0 |
EPR27 | Pingdingshan horse | 34500 | 34200 | -300 |
EP158N | Zhejiang Huafeng | 39500 | 39500 | 0 |
PMMA market: Recently, the domestic PMMA market has been running weakly, the year is approaching, the overall downstream demand is weak, and the market has returned to a light situati.
grade | Origin/Manufacturer | December 24 | January 2 | ups and downs |
IF850 | LG Chem | 25500 | 25500 | 0 |
CM-205 | Zhenjiang Chimei | 21000 | 21000 | 0 |
CM207 | Chi Mei Taiwan | 26000 | 26000 | 0 |
80N | Asahi Kasei | 27000 | 27000 | 0 |
Price list of some grades in PMMA market in China Plastics City
POM market: At present, the POM market demand is light, and the market is running on a wait-and-see bas.
grade | Origin/Manufacturer | December 24 | January 2 | ups and downs |
M90 | Yuntianhua | 13100 | 13200 | 100 |
500P | DowDuPont | 26500 | 26500 | 0 |
M270-44 | Polypoly | 18000 | 17000 | -1000 |
K300 | Kolon, Korea | 16800 | 15800 | -1000 |
Price list of some grades in POM market in China Plastics City
To sum up: the "price increase letter" of the plastics giants will inevitably have a certain boost to the market mentality, but a letter of paper alone obviously cannot completely reverse the long-term weak market, the trend of upstream monomers, downstream demand The performance may become the weather vane of the market outlo.