In the first half of the year, the cost of coating

In the first half of the year, the cost of coating enterprises decreased and remained high compared with last year

in the first half of the year, the cost of coating enterprises decreased and remained high compared with last year

July 31, 2017

[according to the document submitted by the Ministry of coating information and environmental protection of China to the WTO on July 18, 2017 to stop the import of foreign garbage]

in the first half of 2017, the overall raw materials of coating showed a situation of more decline and less rise. Among the 33 raw materials monitored by zhuochuang, only 7 raw materials have increased, accounting for 21.21% of the total that can be specifically analyzed; However, 26 products fell, accounting for 78.79% of the total; Compared with the same period last year, although the overall raw material market performance fell in the first half of the year, the prices of most products were still higher than the same period last year

in detail, the main reason for the decline of the raw material market in the first half of the year was the fluctuation of the crude oil market. In the first half of 2017, the international crude oil market ushered in a sharp decline. Under this background, the overall atmosphere of the bulk commodity market was empty, and aromatic solvent products with strong correlation with it declined to varying degrees. MIBK, butyl acrylate and cyclohexanone all fell by more than 20%; Ethylene glycol butyl ether, ethyl acetate, acetone, ethylene glycol and other products also fell by more than 15%; In addition to the drag of the weak background of crude oil, under the sharp rise in the market last year, the overall industry has made huge profits, and the large supply of most products has also caused a certain pressure on the market. In addition, the environmental protection policy continues to be under high pressure, and the terminal demand continues to squeeze. Under the contradiction between supply and demand, most products have declined to varying degrees

in terms of rising products, titanium dioxide, the main pigment of coatings, ranked first, with an overall increase of 19.6% in the first half of the year, mainly due to the good export situation of mainstream enterprises and low inventory. Titanium dioxide prices rose all the way from the beginning of last year to the end of May this year; Secondly, isophthalic acid, MMA and butanone products all increased by more than 10%. The rise of these products is mainly due to the shortage of supply side; Led by MMA, this product experienced a global supply shortage in the first half of 2017, and the shortage panic spread to the United States, Europe and Asia. In addition to planned maintenance, the devices of large international suppliers such as Dow in the United States, Lucite in the United Kingdom and Evonik have problems such as poor restart and temporary shutdown, one after another, seriously affecting the inherent supply system. Butanone products are also caused by the centralized maintenance of the device, and the overall price has increased to a certain extent

from the above raw material analysis, for coating enterprises, although the environmental protection of enterprises continued to improve under the pressure of environmental protection in the first half of the year, the overall bulk commodities fell due to crude oil, and the raw materials that fell more or rose less eased the raw material cost of coating enterprises slightly, but it must be said that the overall raw material cost was still much higher than that otherwise it was easy to cause work safety accidents last year. Looking forward to the future, Otherwise, the test results will be inaccurate. Raw materials have rebounded in the middle of the year, and under the heavy pressure of environmental protection, the overall cost of domestic coating enterprises in the second half of the year is still not to be underestimated