1. Polyester Resin

27th Mar.2016, PTA(East China) product index was 45.07, descended 56.63% comparing with the period high 103.92(15th Sep. 2011) and rose 10.11% comparing with the period low 40.93(26th Aug.2015).(Remark:the period means since 1st Sep.2011 up to now)

Status and forecast: PTA price rose 200-300RMB/T, NPG price rose around 1000RMB/T, IPA price rose more than 1000RMB/T. As we forecast in Feb.,  for the price rising of raw material, Polyester manufacturers will announce the price rise in the early of Apr.

2. Epoxy Resin

27th Mar. epoxy chloropropane product index was 57.32, same as yesterday, descended 42.68% comparing with the period high 100(1st Sep.2011 ), rose 12.46% comparing with the period low 50.97(6th Mar.2016 )    

(Remark:the period means since 1st Sep. 2011 up to now )

Status and forecast: In March, most epoxy resin factories got good business.  but the part of demand of April has been consumed in advance. The terminal factories still not fully recovered, downstream customers are consuming the low price raw materials. The epoxy resin market will weakly shake in this week, mainly digest the early rising. The prices may increase 500 RMB/T in April.

3. Titanium dioxide

27th Mar. Titanium dioxide index was 54.64, descended 45.36% comparing with the period high 100(4th Sep.2011 ), rose 5.73% comparing with the period low 51.68(29th Dec.2015 ) (Remark:the period means since 1st Sep. 2011 up to now)

Status and forecast: Since this year, titanium dioxide price has rose three times, the cumulative increase is around 900 RMB/T, nearly 9%. But on last Thursday, the last day of titanium dioxide industry annual session, the industrial leading manufacturer Sichuan Lomon announced stop supplying. It shows a signal that titanium dioxide price is expected to rise further. The last price increase happened in the early of this month. Sichuan Lomon announced to rise 300RMB/T for rutile titanium dioxide. Henan Billions, Ningbo Xin Fu also both rose 300 RMB/T. The operating rate of the industry is still very low, around 60% only. Some brands supply is very tight, the current price rising is mainly due to the manufacturers’ foreign trade restrictions, operating rate. The rise for April has been advanced. But the price will continue to rise in April.

4. Curing Agent

TGIC: The TGIC chlorine price will keep rising.

Tgic-free curing agent, the price of the main raw material DMA rose 1000RMB/T, DEA rose 2000RMB/T, and will keep rising. It is more secure to take goods now if the demands is needed in the coming half month.