In 2016, the price of major raw materials for coatings rose.

Since 2016,
of
and raw materials prices have soared, no one is willing to be lonely. Enter the last month of the year in several rounds of price-to-price fights. Who's the craziest price of paint raw materials in 2016? You will certainly think of tdi, in fact, otherwise, TDI 400% barbarous crazy rise has been once. At the end of October, TDI prices began to slide, and there was a "black madness". October 21, North China TDI market domestic offer reference 45000-46000 yuan / ton, Shanghai offer reference 47,000-49000 yuan / ton. On October 24th, Yantai Juli and Fujian Petrochemical TDI sold a mouthful for 50,000 yuan/tonne. Since November, TDI prices have changed dramatically and prices have moved sharply downwards. After decades of decline, the decline was as high as 40%. If the 400% increase in TDI prices took 10 months to ferment, the downward trend took only a few dozen days. November 8, East China TDI market, domestic goods negotiation reference 31000-33000 yuan / ton, Shanghai cargo offer reference 32000-34000 yuan / ton near. The sharp decline in TDI prices has made it slightly lower in the ranks of paint raw materials than the champion butdiene.
the beginning of 2016 the price of butyl diene is basically around 5000 yuan / ton, while the current price is basically around 15700 yuan / ton, it is ranked first with 210.8 percent, TDI with 199 percent increase in the second place. Acrylic and esters later came to the fore, the price trend of the year was stable, the last quarter of the rush to catch up with the price surge, and finally with the full-year 111% increase, ranked third.
Tiumium dioxide
in 2016, although after more than a dozen rounds of high tide, but failed to enter the top 10, can only be ranked 19th with a 60% increase, the new glycol and titanium refined ore with 105.4% and 100% increase in the "top ten."
the increase in the main raw materials for coatings in 2016 . In 2016, the price of raw materials for coatings will continue to rise, mostly due to supply-side reform, environmental protection laws, rising crude oil prices, factory production restrictions, increased export volume of RMB depreciation and so on. Take TDI, for example, is one of the main raw materials for the production of polyurethane, before the domestic basic self-seriding, but because january-August TDI exports reached 100,000 tons, an increase of 1.68 times, August single-month exports of 235,000 tons, a record high, an increase of 3.8 times. In addition, international production capacity is gradually decreasing, In 2016 Costro's European plant construction is limited, supply constraints are also one of the reasons for the TDI surge. Japan's Mitsui exited 117,000 tons, France's Vencorex closed 126,000 tons, the northern Jinhua closed 50,000 tons, the global total production capacity of about 2.74 million tons / year, a net decrease of 22,000 tons / year; At present, domestic enterprises start to work at full capacity, inventory is scarce.
In the last three months, the average price difference between acrylic-acrylic is 778 yuan, 1902 yuan, 3389 yuan, acrylic spreads have skyrocketed, the current acrylic has entered a high-profit range acrylic business climate again up. The acrylic-acrylic spread continued to rise this week to 275 yuan a tonne, up 8.7 percent. This year, the overseas market due to the explosion of BASF Road port, the domestic Sanmu 140,000 tons of equipment due to the explosion of propane tank parking maintenance in the neighborhood, as well as the recent satellite petrochemical (002648) a set of device maintenance, so the acrylic business climate continued to improve.
2017 paint raw material prices are still expected to rise, with China's environmental protection problems are becoming more serious, the state's control on environmental protection issues will inevitably become more and more stringent, the chemical industry will become more difficult. Recently, at a meeting of OPEC and non-OPEC countries in Austria, non-OPEC countries agreed to cut production by 558,000 barrels per day, the first time in 15 years that OPEC and non-OPEC countries have reached a consensus to cut production, plus the previous OPEC cut of 1.2 million barrels per day agreed on November 30. The agreement, which will cut production by OPEC and non-OPEC by a combined 1.758 million barrels per day, or about 2 percent of current global production capacity, will begin in January 2017 and last for six months, with short-term Brent crude oil rising to $54.36 per barrel. According to analysts, oil prices are expected to be $60-70 per barrel in 2017. A wide range of raw materials in the coatings industry are closely related to crude oil, which will further drive the industry's business climate in 2017.