Ortho benzene universal resin 170, bicyclic (DC) hand lay up resin 220, artificial stone/quartz resin 260, pultrusion resin 280, winding structural layer resin 200, winding meta benzene lining tree 240, NPG type molded/non excavated resin 270, DPG type molded resin 220. The prices of raw materials continue to rise, and the price of resin continues to increase by USD40-50 per ton today.
The Strait of Hormuz and the Strait of Mandeb are both blocked, and international oil prices hit the $100 mark during trading. Despite a slight drop in oil prices over the weekend, prices of chemical products continue to soar due to low inventory and slow restart progress. At present, on the one hand, we are looking at the progress of the war, especially the navigation situation in the two major straits, and on the other hand, we are looking at the progress of the increase in the supply of chemical products. In the short term, it will continue to fluctuate at a high level. This week, most UPR factories can complete their backlog of orders. Currently, the number of new orders is very small, and it is expected that the production load of UPR factories will significantly decrease in the later stage.
