Since the beginning of 2011, the price of raw materials in the upper reaches has continuously risen, and the impact of various national macro-control policies has caused the price of building materials and coatings to rise again. The cost of the coating market has increased. The phenomenon of weak consumption has become more and more serious. The prices of paints of major brands have been increasing. Rising, major businesses are miserable. Below the author will take you to see the concrete market price increases now!
Cost pressures
The increase in paint prices is mainly driven by costs. Recently, the prices of major raw materials such as titanium dioxide, solvents, and synthetic resins have all increased significantly, and labor costs and transportation costs have also been rising. Companies are trying to ease the pressure of rising costs and thus increase the price of paint.
"2010-2015 China's paint industry investment analysis and forecast report" shows that paint raw materials such as solvent materials, additives and other mostly petrochemical products, the price changes and crude oil 106.84, -0.28, -0.26% prices are very close. Under normal circumstances, as the price of crude oil rises, the prices of these raw materials will increase accordingly. According to relevant statistics, due to the rise in crude oil prices, the average price of the main raw materials for coatings has risen by 10% to 60%.
According to relevant data, the current domestic barrel paint price has increased by 20-30 yuan compared to the beginning of the year; and Akzo Nobel, the world's largest paint manufacturer, recently announced that its price for all paint products sold in China is increased by 10%-20%. .
The impact of national macroeconomic policies
Relevant sources pointed out that the real estate industry is the main area of ​​Chinese paint consumption. At present, due to the country's real estate control policy, the number of home buyers is relatively less than in the past. The demand for paint in the real estate sector is limited, and paint companies will increase the price of paint in order to ensure sales revenue. . Therefore, in addition to rising costs, the lack of downstream demand is also one of the reasons for the recent increase in paint prices.
Zhang Yanlin, research director of China Investment Consulting Co., Ltd., pointed out that at present, China's coating product structure is relatively monotonous and the proportion of medium-to-high-end products is small; and the company’s production scale is relatively small, operations are also scattered, and the competitiveness of domestic paint manufacturers is relatively weak. . In the current situation of rising raw material prices and weak downstream demand, the development of Chinese paint production enterprises has faced difficulties.
Cost pressures
The increase in paint prices is mainly driven by costs. Recently, the prices of major raw materials such as titanium dioxide, solvents, and synthetic resins have all increased significantly, and labor costs and transportation costs have also been rising. Companies are trying to ease the pressure of rising costs and thus increase the price of paint.
"2010-2015 China's paint industry investment analysis and forecast report" shows that paint raw materials such as solvent materials, additives and other mostly petrochemical products, the price changes and crude oil 106.84, -0.28, -0.26% prices are very close. Under normal circumstances, as the price of crude oil rises, the prices of these raw materials will increase accordingly. According to relevant statistics, due to the rise in crude oil prices, the average price of the main raw materials for coatings has risen by 10% to 60%.
According to relevant data, the current domestic barrel paint price has increased by 20-30 yuan compared to the beginning of the year; and Akzo Nobel, the world's largest paint manufacturer, recently announced that its price for all paint products sold in China is increased by 10%-20%. .
The impact of national macroeconomic policies
Relevant sources pointed out that the real estate industry is the main area of ​​Chinese paint consumption. At present, due to the country's real estate control policy, the number of home buyers is relatively less than in the past. The demand for paint in the real estate sector is limited, and paint companies will increase the price of paint in order to ensure sales revenue. . Therefore, in addition to rising costs, the lack of downstream demand is also one of the reasons for the recent increase in paint prices.
Zhang Yanlin, research director of China Investment Consulting Co., Ltd., pointed out that at present, China's coating product structure is relatively monotonous and the proportion of medium-to-high-end products is small; and the company’s production scale is relatively small, operations are also scattered, and the competitiveness of domestic paint manufacturers is relatively weak. . In the current situation of rising raw material prices and weak downstream demand, the development of Chinese paint production enterprises has faced difficulties.
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