O-benzene universal resin-590, double ring (DC) hand paste resin-500, artificial stone / quartz resin-560, pultrusion resin-590, winding structure layer resin-570, winding m-benzene lining resin-520, NPG molding resin-600, DPG molding resin-510. The raw material market fell sharply, and the price of resin continued to drop by 300.
Driven by the fierce downward trend of raw material market, UPR market passively follows the downward price reduction again. So far, after the Spring Festival, the average price drop of UPR market has reached 1100 yuan per ton, with the slowest rate and drop in nearly 10 years. At present, the epidemic situation of covid-19 virus in Europe and the United States has not been effectively controlled, and China's foreign trade exports have begun to be significantly impacted. It is expected that after April, the change of this situation will be more severe, and through the amplification effect of the industrial chain, more industrial workers will be unemployed. The relatively optimistic side is that the infrastructure construction of the domestic demand market has been started, and the enterprises dominated by the domestic demand market have made a significant turnaround, which is also confirmed by the outbound volume and regional distribution structure of the domestic raw material market. Therefore, the UPR industry is hot in the north, moderate in temperature and cold in the south. At this stage, we are at a "long-term" historical juncture. What kind of impact will the virus epidemic have on the economy, how severe the international oil price will be, where are the opportunities for the bottom and top of the raw material market, which downstream markets of the UPR industry will grow and which will decline this year, and has the UPR industry really reached the time of reshuffle? All these questions will be shared with you through live video from 19:00 to 20:00 on Friday, April 3. Please refer to the relevant notice information for details. Contact person: Zhu Rui 13337880089