O-benzene universal resin -90, double ring (DC) hand layup resin 390, artificial stone/quartz stone resin -110, pultrusion resin -100, winding structure layer resin -110, winding interlayer benzene lining resin -120, NPG molding resin -80, DPG molding resin -40.

The raw material market prices are weak and volatile, with a significant increase of 400 yuan in the price of double ring resins, while the prices of other types of resins remain stable.

Last week, the overall raw material market showed a weak adjustment trend. Except for the significant increase in DCPD prices and extreme shortages, other varieties began to slow down. This week is the closing stage of sales before the National Day holiday. Long distance transportation of hazardous chemicals is about to stop, and downstream customers are nearing the end of their stocking. The new price order volume is very low, and UPR factory delivers various orders from a week ago.

After two months of continuous price increases, the market structure has completely deviated from the demand of the end market, showing obvious stagflation characteristics. At present, UPR downstream customers have sufficient inventory reserves, and with a weak pullback in raw material prices, the wait-and-see sentiment of downstream customers has been exacerbated. Therefore, it is expected that new orders will not be executed immediately after the National Day holiday. That is to say, after the National Day holiday, UPR factories may have a significant decline in production and operation compared to before the holiday. At present, international oil prices remain high, and with no significant increase in inventory, it is expected that the rebound in styrene prices will be limited; Although some maleic anhydride factories intentionally use the excuse of individual enterprise production capacity maintenance to jointly raise prices, with Henan Shengyuan's 210000 ton new production capacity fully put into operation and Hebei Qiyuan's 60000 ton new device starting trial production, the supply and demand pattern of the entire maleic anhydride market is undergoing new changes, and the phenomenon of overcapacity is becoming more serious. If the UPR factory starts to decline, then raising prices means there is a risk of losing the market.

In summary, after the National Day holiday, we expect there to be a possibility of periodic weakness in the market state.