Ortho-benzene universal resin -110, double ring (DC) hand lay resin -90, artificial stone/quartz stone resin -130, pultrusion resin -120, winding structure layer resin -130, winding interlayer benzene lining resin -120, NPG type molding resin -90, DPG type molding resin -180.

The raw material market prices are weak and declining, but there is huge uncertainty in international oil prices, and the resin market prices are temporarily stable.

Last week, international oil prices fluctuated significantly with the progress of the Israeli-Palestinian conflict, and chemical raw materials fell weakly under the dual pressure of a phased decline in international oil prices and weak downstream demand. However, as Israel announced that it was about to enter Gaza City to eliminate Hamas, and with increasing reports of civilian deaths in the conflict, more countries and international organizations expressed opposition to Israel's entry into the Gaza Strip, and multiple organizations and surrounding countries announced their support for Hamas against Israel. Therefore, there is a risk of further escalation of the Palestinian Israeli conflict initiated by Hamas, which has led to a significant increase in international oil prices of over 5% at the close of last week. Due to the significant uncertainty in international oil prices caused by the current Israeli-Palestinian conflict, it cannot be ruled out that the significant fluctuations in oil prices this week have brought about changes in the chemical market.

In the current situation, one move is better than another, and stabilizing prices and watching them change may be a relatively safe market strategy. From the perspective of demand in the UPR downstream market, the inventory of raw materials from downstream customers can still support for a period of time, while the end market is still lukewarm, resulting in weak and stable prices in the UPR market.