Coating raw materials price rapid rebound ,some raw material rise more than 30 percent

May 29, 2024, 11:58 AM

TDD-global

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International crude oil fluctuations are significantly affecting China's raw material prices for coatings. Recent data shows a rise of 1,000 yuan/ton in epichlorohydrin, with some materials experiencing price hikes exceeding 30%. This trend suggests that new price increases for raw materials in China are imminent.

With the ups and downs of international crude oil, it has had a significant impact on the price of raw materials for Chinese coatings. According to incomplete statistics, in the near term, China's epichlorohydrin increased by 1,000 yuan/ton, and some raw materials prices rose by more than 30%.

Under the background of rising international crude oil prices, China's raw material prices will start a new round of price hikes.

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