1. Polyester Resin

24th Aug. 2016, PTA product index was 43.86, descended 56.89% comparing with the period high and rose 10.20% comparing with the period low 39.80.(Remark:the period means since 1st Sep.2011 up to now)

Status and forecast: PTA price is currently about 4800-4900RMB/T, NPG price is 10000RMB/T after the latest rise of 800RMB/T, and the IPA price is down to 11000RMB/T. As per the G20 summit, the polyester industry will reduce or stop production 50% in a large area. After the summit, the operating rate of polyester industry is expected to rise. Despite the good influence of the peak season, the potentially bad can not be ignored. Due to the overdraft since June to August , downstream industries almost prepared a certain raw material stock, which will weaken the stocking capacity of the peak season. So the general best season of Sep. And Nov. of this year will be not optimistic. The overdraft from off-season is becoming the potential negative impact. The price of polyester resin is expected to rise but not much, or keep the price of August. But is impossible to depreciate.

2. Epoxy Resin

24th Aug. 2016, epoxy chloropropane product index was 46.85,  created the period low, descended 53.15% comparing with the period high 100(1st Sep.2011 )  (Remark: the period means since 1st Sep. 2011 up to now )

Status and forecast: Epichlorohydrin is recently falling in a weak shake, but the price of bisphenol A rose nearly 20%. Which caused the total cost increase for the downstream. Because of the stock preparing during the G20, price rise for the moment is not possible, but the follow-up rise will continue. The price of epoxy resin is expected to rise in September.

3. Titanium dioxide

24th Aug. Titanium dioxide index was 64.31, descended 35.69% comparing with the period high, rose 24.44% comparing with the period low.

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

Status and forecast: In 19th August , Shandong Doguide announced to rise 500RMB/T of rutile titanium dioxide for the domestic sales price while the foreign sales price raised to $80 RMB/T. In quick succession, TaiHai, Haifeng Xin, Xin Fu all announced a hike since August 22nd.  Thus the titanium dioxide price finished the tenth rise in the year. The shortage supply of titanium will result the price rise again. The domestic real estate industry has been recovering since the second half of last year, as usual, the market demand of titanium dioxide for the decoration will lag a half to one year time after the purchase. Domestic titanium dioxide market demand is expected to be continuously improved by the real estate industry in the second half of 2016. This will create conditions for the  price rise of domestic titanium dioxide. In the second half of 2016, price trend for titanium dioxide industry expected to continuously rise, might exceed 15000RMB/T. The price for the coming September will be relatively stable after the tenth rise in August.

4. Curing Agent

TGIC：At present, the TGIC chlorine price is under a weak shake, but as per the cost caused by the summer limit and G20 Summit, most TGIC manufacturers are lack of supply. The price will stay in the high base and rise in the September, but the worse is the shortage of supply. This kind of situation is expected to be relieved in mid of Sep.

HAA, the price of the main raw material DMA and DEA is quite stable, HAA price will keep stable in Sep.