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Resin Price Index on January 22, 2024
 Jan 23, 2024|View:197

Ortho-benzene universal resin 130, double ring (DC) hand lay resin 90, artificial stone/quartz stone resin 90, extrusion resin 100, winding structure layer resin 110, winding interlayer benzene lining resin 110, NPG type molding resin 110, DPG type molding resin 60.

Resin Price Index on January 22, 2024

The raw material market is strong and upward, with resin sales prices increasing by 100 yuan.

Last week, the raw material market saw a significant increase due to the dual impact of downstream stocking procurement and equipment failures in some raw material factories, resulting in UPR costs following suit. This week is the last week for most UPR factories to stabilize production before the Spring Festival holiday. Most UPR factories in the southern region have gradually stopped production and will enter the Spring Festival holiday this weekend. UPR factories in East and North China will gradually shut down around the end of this weekend, and the second half of next week will start the holiday. Starting from the second half of this week, hazardous chemical logistics transportation will gradually cease operation. Due to the rapid increase in raw material prices recently and the high inventory cost of UPR factories, UPR prices will be relatively firm in the near future around the Spring Festival holiday. Considering that the UPR factory will have a holiday of 20-30 days during this year's Spring Festival, and there will be new upstream raw material factories put into operation after the Spring Festival, raw material prices will gradually decline starting from this week.


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