Rising Prices Of Polyurethane Raw Materials Deviate From Market Track

In the third quarter, Dow, DuPont, BASF, Lu Bo run, Ke Ju ya, Huntsman, win Chuang and other PU raw materials suppliers announced their respective price raising initiatives. However, to the NPC's disappointment, the reason for the rise is not because the market is getting better, but only because of the rising price of the upstream raw materials of polyurethane.

Dow, a raw material supplier, said that with the rise of international crude oil prices, the middle reaches of the supply chain could not bear the pressure of rising costs themselves, so the suppliers of polyurethane materials had been raising prices and raising the price upsurge.

Downstream manufacturers said that by the national macro-economic and raw material prices, downstream manufacturers have no profit margins.

At present, the downstream industries of polyurethane industry, such as shoemaking, leather, textile, plastics, coatings and so on, are facing the crisis of reducing production, shutting down production and pformation. Therefore, the downstream manufacturers of polyurethane have low operating rate and low demand.

The industry believes that the price of polyurethane raw materials is rising, and this price increase is not the price rise under the influence of supply and demand, so it is out of line with the market.

Under such circumstances, it is very likely that there will be a game between the upstream and downstream of the polyurethane industry chain.