1. Polyester Resin

24th Oct. 2016, PTA (East China) product index was 46.80, descended 54.97% comparing with the period high and rose 14.34% comparing with the period low.(Remark:the0.46% comparing with the previous trading day, rose 3.38% comparing with the early of the month. period means since 1st Sep.2011 up to now)

24th Oct. 2016, PTA (East China) prices rose slightly, the mainstream price

Status and forecast:PTA currently prices temporarily remains 4000-5000RMB/T, NPG rose to around 5000RMB/T, IPA rose to nearly 20000RMB/T. Operating rate of polyester industry keep stable. And the unit freight cost increased, polyester manufacturers can not stand the cost pressure and all rise the price. Which made the downstream customers quite miserable. Due to the pressure of raw materials price rising , according to the news from most domestic manufacturers, polyester will keep rising in Nov., and the amount might be 500RMB/T.

2. Epoxy Resin

24th Oct. 2016, epoxy chloropropane product index was 54.38, descended 45.62% comparing with the period high, rose 16.07% comparing with the period low.  (Remark: the period means since 1st Sep. 2011 up to now )

Status and forecast:Recently, bisphenol A fell slightly to 8700-8800RMB/T, but the price of epichlorohydrin rose to 8100RMB/T. The total cost for the downstream epoxy resin also increased slightly. But it’s not easy to rise price for the terminal epoxy resin customers, because the powder coating manufacturers have endured too much cost pressure from the material cost increasing, they resist to bear more price rising from the material supplier. So a lot of epoxy resin manufacturers said it is quite difficult to expect the the trend of epoxy resin. The price may keep stable or slightly rise in Nov.

3. Titanium dioxide

24th Oct. Titanium dioxide index was 66.39, descended 33.61% comparing with the period high, rose 28.46% comparing with the period low.

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

(Eco-sea is supplying the alternate of Titanium dioxide which could save cost around 30%)

Status and forecast: In 24th Oct., Ningbo Xin Fu, Guangxi Detian Chemical etc., total 5 titanium dioxide manufacturers increased the ex- factory price 500 RMB/T same time, around 5%. Which is the rise in the month. E industrial leaders Billions and Lomon had started the eleventh rise in the mid of October, the cumulative rise for this month is nearly 10%. There are lots of favorable factors supporting titanium dioxide price rise in the fourth quarter. The tight supply won’t be relieved in short-term, the central environmental protection inspection teams stationed into Sichuan and Shandong last week, the big province for titanium dioxide production. Small and medium capacity manufacturers will be limited and reduced further. The upstream titanium mine price rose significantly formed the cost of support. Billions restructured Lomon,  it is good to enhance the profit level for the whole industry. The devaluation of the RMB is positive for the titanium dioxide exports. The price of titanium dioxide is still expected to rise, and the trend may last a long time to the end of the year. The price may keep rising in Nov.

4. Curing Agent

TGIC：At present, the TGIC chlorine price is continuously rising, in addition the environment issue and production limit, most TGIC manufacturers are lack of supply. The price will keep rising and the shortage of supply will continue in Nov.

HAA, The shortage of TGIC increased the demand of HAA,  HAA price will  keep stable or rise slightly in Nov..

Eco-sea is supplying the imported TGIC(Nissan TEPIC), which could alternate the local TGIC completely. Good price for big volume.