2011 paint market full exposure of raw materials market prices

In the second half of 2011, the price of raw materials will soon rise, and the coating trend will be known. It has been announced formally that a number of coatings and raw materials enterprises will increase product prices, and whether the large-scale price increase of raw materials for paints will encourage paint companies to increase product prices to maintain the pressure of rising costs, is still an uncertain factor. However, with the change of upstream and downstream coatings market, the paint industry may once again usher in market changes.

January 1st, 2011 is the Chinese New Year of the Gregorian New Year. Along with the bell of the New Year, it is a wave of price increases for raw materials in the paint industry. The world's chemical giant BASF recently announced that since January 1, 2010, the company will raise the price of all TDI products worldwide, an increase of 10 cents / pound, BASF said the price adjustment is mainly due to the pressure of rising raw materials And global demand growth.

Dow Chemical announced on December 10, 2009 that starting from January 1, 2010 or on the date permitted by the terms of the contract, the price of epoxy products excluded from Japan in the Asia Pacific region will be increased. The price increase products include its liquids. Solid- and solid-solution and brominated epoxy resins, as well as other epoxy products, including specialty epoxy products, will increase by 100 to 200 U.S. dollars per metric ton, except in Asia Pacific, Japan. At the same time, Dow Chemical will also raise the price of all VORANOL polyol products worldwide, an increase of 0.08 US dollars / pound. However, for the coatings industry in the building materials industry, 2011 did not lag behind, and the wave of price increases followed suit.

From January 1, 2010 or as per the contractual license, Eastman Chemicals will increase the price of the following products globally, ethylene glycol monomethyl ether solvent: unlisted price increase by US$0.05/lb 0.11 US$/kg, propylene glycol Methyl ether acetate solvent: non-listed price increase 0.05 US dollars / pound 0.11 US dollars / kg, two ***** solvent: non-listed price increase 0.05 US dollars / lb 0.11 US dollars / kg, EB solvent: unlisted price increase 0.05 US dollars / At US$0.11/kg, the overall price increase of Eastman Chemical Company was mainly due to the increase in operating costs and the significant increase in raw material costs.

The DuPont Titanium Technologies Division has officially announced that it will increase the price per metric ton of titanium dioxide by 150 US dollars for all of its specifications, except when it is stipulated in another contract from January 1, 2010. This is the DuPont Titanium Technologies Division following 2009. On August 27th this year, the price of all metric tons of titanium dioxide was raised by US$150 per metric ton, and the price of the new round was raised.

The global economic recovery has led to a wide range of price increases in the industry's price-raising coating raw materials, mainly due to a series of factors such as the stimulation of the global economic recovery, the increase in demand in the downstream market, and the increase in cost pressures. Since 2009, there have been several price increase waves in the titanium dioxide industry. DuPont titanium dioxide has risen in price three times in a year. Looking at the current market situation, several price increases in the titanium dioxide market have basically been successful. The implementation also shows that the global economic situation is indeed improving, which has become a powerful support condition for its implementation of price increases.

Consumer demand stimulates prices Due to the stimulation of consumer demand and the guidance of building materials to the countryside, the building materials industry has begun to increase commodity prices in the raw materials market since the first half of the year, so that consumers and paint companies continue to speculate on the price of paint. Judging market conditions and trends, but ultimately there is no satisfactory answer.

2011 paint "price war" full line of follow-through advantage is a cloud?

For example, previous market surveys showed that the prices of most building materials were “not moving”, and some manufacturers still quietly lowered the prices of products in the form of discount promotions in the fall season. But it seems that the market repercussions are not as good as expected.

Needless to say, the price of the product is certainly very sensitive to the consumer, so it is also very sensitive to the price increase. The relevant person in charge of a number of building materials supermarkets has denied it.

Today's building materials products are in order to meet the needs of the greater part of people, so the speed of product replacement is also very fast. The old, outdated products will surely have a certain price drop, which will eventually be eliminated by consumers. With the introduction of new products, the price may be raised. After two months of brewing, the new wave of price rises in the paint industry has finally burst, which has become a major incentive for price increases.

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