Resin market analysis

1. Market analysis

This week, the domestic petroleum resin market continued to rise slightly. Recently, the maintenance of raw material C5 equipment has increased, the supply of goods has been tight, the price has risen, the supply of petroleum resin has been tight, the quotation has been raised, and the actual transaction center has moved upward. Driven by raw materials, the price of substitute rosin resin rose to about 14,000 yuan/ton. Downstream users turned to C5 petroleum resin with a slightly lower purchase price. The increase in demand was conducive to price increases. The sluggish petroleum resin market is showing signs of recovery, and industry insiders are hoping for strong expectations. Driven by positive factors, prices are tentatively raised. The downstream rigid demand is dominated, and there is no obvious resistance to the price adjustment of petroleum resin, and the actual transaction volume has increased compared with the previous period.

2. The domestic petroleum resin market is generally stable with sporadic increases. Affected by the increase in the price of rosin resin, the domestic C5 petroleum resin market has recently increased in volume and price, and the downstream receiving capacity has improved. At present, the mainstream price of 5#C5 petroleum resin is around 12000-12500 yuan/ton, and the market outlook is bullish.

The quotation of C9 petroleum resin is stable and the market trading is not tepid. The strong price of raw material C9 supports the petroleum resin market. Due to the overhaul of the ethylene plant in the northeast, the raw material may rise. The outlook for C9 petroleum resin is bullish.

3. The main use of C5 petroleum resin

C5 petroleum resin is widely used in hot-melt road marking paint, colored asphalt, hot-melt pressure-sensitive adhesive, EVA hot-melt adhesive, rubber tackifier, ink and other industries. Using domestic advanced separation and polymerization technology, automated control system, the molecular structure of C5 petroleum resin produced has few unsaturated double bonds and heterocycles, which makes the product quality higher. As a special resin for road marking paint, this product has the following outstanding features: 1. Light color; 2. Good leveling; 3. High wear resistance; 4. Fast drying speed; 5. Good thermal stability; 6. Other properties such as The filler is evenly dispersed, does not settle, has good weather resistance and strong adhesion. It is precisely because of the above characteristics that high-quality refined carbon five petroleum resin has obtained great development space along with the rapid development of highways in my country.