After the Mid-Autumn Festival holiday, the early shutdown and maintenance equipment resumed production, and the domestic paste resin market supply has increased. Although the downstream construction has improved compared with the previous period, the export of its own products is not good, and the enthusiasm for the purchase of paste resin is limited, resulting in paste resin. Market conditions continued to decline.
In the first ten days of August, due to the increase in export orders and the failure of mainstream production enterprises, domestic paste resin manufacturers have raised their ex-factory quotations, and downstream purchases have been active, resulting in a tight supply of individual brands, which has promoted the continuous recovery of the domestic paste resin market. East China, South China and other major consumption areas High-end offer prices all exceeded 9,000 yuan / ton. After entering September, although the maintenance of paste resin enterprises is still relatively concentrated, the downstream has entered the Mid-Autumn Festival to stop work one after another, the market demand for paste resin has further shrunk, the market has fallen from high fluctuations, and downstream factories are mainly buying on dips. After the Mid-Autumn Festival, there was a significant increase in downstream construction, but the supply of goods for centralized procurement in the early stage was still not fully digested, and the enthusiasm for procurement was not high.
In addition, according to some downstream factories, due to the severe inflation in Europe and North America, this year’s Christmas orders have been delayed compared with previous years, and some completed orders have been requested by importers to delay delivery, which has caused storage and capital of domestic processing enterprises. greater pressure.
Post time: Sep-20-2022