What are the price trends of the 5 main raw materials for powder coating next month?

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As a professional manufacturer of TGIC, HAA, and Polyester resin, no matter whether we want to accept it or not, for the weak demand, the sale price dropped, while maybe it is good news for many powder coating factories. Only both upstream and downstream Could develop well, and the whole powder coating industry Could develop well, and contribute to the development of the world. Let's check the trends, and make a reason to purchase plans. Also, We are open to discussing and sharing more details.
1. TGIC curing agent
The market price of TGIC products has been lowered with the adjustment of the price of upstream raw material chlorine, and the demand of downstream customers is flat, so the demand of downstream TGIC customers has not improved. However, considering that TGIC supply will decrease due to weather in July-August, for example, the AAB industry has started to replenish its inventory in advance in June, and it is expected that TGIC prices will drop slightly in July. It is recommended to purchase on-demand, and you can negotiate price concessions with manufacturers.


 
2. HAA curing agent
From the perspective of supply and demand, the market demand has not improved significantly, mostly just needed, and the market supply of HAA curing agents continues to be normal. In July-August, due to weather factors, the demand for HAA generally decreases, and it is expected that the AAB industry will have certain pressure on its shipment. It is expected that the price of HAA will be stable and decrease in July-August.
From the raw material side, the current average transaction price of diethanolamine is 10,380 yuan/ton. Due to the tight spot of diethanolamine, the overall price range is on the high side, but the downstream demand still hasn't improved significantly. The wait-and-see is the mainstay, and the shipment is mediocre. The price of HAA is mainly stable this month.
3. Polyester resin
No matter the raw material trend of polyester resin or the market demand for polyester resin, it is not enough to support the rise of polyester. At the same time, the price of traditional powder coatings is mainly bearish in July and August.
From the perspective of raw materials, the prices of PTA and NPG have fallen, and polyester resin will be bearish in July. The downward trend of crude oil has slowed down, temporarily restraining the decline of PTA. In addition, the spot inventory of PTA is not much, and it is expected that PTA will be dominated by price consolidation in the short term. Recently, isobutyraldehyde, a raw material, has been declining frequently, the market of NPG continues to run at a low level, and the downstream demand is not enthusiastic. It is expected that the price of NPG will drop slightly in the short term.
4. Epoxy resin
The main raw materials of epoxy resin, "epichlorohydrin" and "bisphenol A", are in short supply due to the drop in oil prices. Meanwhile, the traditional powder coatings are superimposed in the off-season, and the prices in July and August will be bearish.

 
As far as ECH is concerned, the price of raw material glycerol has dropped this week, the cost support of the glycerol method has dropped, and the market just needs a new transaction price. Most production enterprises have started stably, and the market supply has increased. As of the close of this Thursday, the mainstream transaction price in the market was 17,100-17,200 yuan/, and epichlorohydrin fell within a narrow range in the short term.
Recently, the market is still in a downturn, with the overall start-up of the downstream epoxy resin industry declining, and the terminal demand recovering slowly. The factory mainly consumes raw materials and finished products, and its purchasing intention for bisphenol A is weak. As of the close of June 23rd, the reference negotiation of the bisphenol A market in East China was 13,700-13,800 yuan/ton, which dropped slightly in the short term.
5. Titanium dioxide
From the raw material side, there is no obvious downward trend in the prices of titanium concentrate and sulfuric acid in the near future. However, considering that the new production capacity will exceed 25% in theory in 2022, and the overseas market demand has started to decline since May, it is expected that the prices will mainly fall in July. However, considering the cost factor, there is not much room for the decline of titanium dioxide, so it is suggested to just purchase it and postpone it appropriately.

Among them, the mainstream price of titanium concentrate is around 2170-2200 yuan/ton, the operating rate of titanium raw materials is low, and the market supply remains tight. It is expected that the short-term titanium ore market will continue to run steadily. This week, the mainstream negotiation average price of 98% sulfuric acid in China is 959.06 yuan/ton, and the downstream market operators mainly wait and see, and their enthusiasm for entering the market is still poor. In addition, the drop in the price of crude oil at the cost end and the decline in the prices of phosphate fertilizer and sulfuric acid at the downstream end also show a negative impact on the sulfur market. Up to now, the daily average price of domestic sulfur is 3,716.88 yuan/ton.
6. Acrylic resin and fluororesin
On the demand side, the demand in the downstream market is unfavorable and good, and most of them are just needed. It is expected that from the end of June 2022 to the beginning of July 2022, the prices of "acrylic resin" and fluororesin will stabilize or slightly decrease, and there will be no ups and downs. It is recommended to purchase them on demand.
From the supply side, the spot in the MMA market is in short supply, but the downstream demand is insufficient. It is expected that the MMA market will maintain a volatile operation in the short term.
The domestic PTFE market as a whole is somewhat loose, with the price dropping slightly, and the supporting effect of the bottom of the cost side is weak. It is expected that the domestic PTFE market will be sorted out and run in the short term;
The domestic price of polyvinylidene fluoride is mainly stable after the fall in the middle of the month, and it is expected that the domestic market of polyvinylidene fluoride will be mainly sorted out and operated in the short term.