Ortho-benzene universal resin -50, double ring (DC) hand lay resin -120, artificial stone/quartz stone resin -70, pultrusion resin -60, winding structure layer resin -50, winding interlayer benzene lining resin -10, NPG type molding resin -100, DPG type molding resin -100.

The raw material market prices have been adjusted weakly, and the resin market is generally stable. The prices of quartz resin and bicyclic resin in the northern region will continue to decrease by 100-200 yuan.

Last week, the prices of raw materials were mixed, with styrene being relatively strong, while other varieties were generally weak and declining, especially the price of maleic anhydride, which accelerated the downward trend. The downstream market of UPR has shown significant differentiation, with demand for low-end products such as quartz and daylighting tiles continuing to shrink. Market competition is extremely fierce, while demand for heavy trucks, non excavation pipeline repairs, new energy vehicles, export grilles, lifeboats, and highway supporting products is strong.

As the national special treasury bond of 3.7 trillion yuan is gradually issued to the local government, and various infrastructure projects are started in succession, we expect that the enhancement market will maintain a steady upward trend in the long term in the future, which will be conducive to the development of high-quality product manufacturers in the UPR/FRP industry chain. As for resin prices, we believe that in the future, unless there is a significant change in international oil prices, overall, the UPR market prices will remain stable in the near future.