Welcome to Haoyuan Trade, we will serve you wholeheartedly!
2024/04/26
The petroleum resin market is poised for new growth.
As temperatures rise, construction projects and roadworks across various regions are gradually resuming. However, given the lengthy lead times associated with such infrastructure development, demand for petroleum resin used in road‑marking paints has yet to fully materialize. Moreover, this spring’s heavy rainfall nationwide has further delayed project schedules, leaving domestic demand for petroleum resin in the road‑marking sector still subdued. Consequently, import volumes have declined. Meanwhile, driven by overseas market demand, higher‑quality domestic producers continue to honor their international contracts, thereby easing inventory pressures.
2024/04/26
The outlook for petroleum resin is bullish and should not be underestimated.
Corporate production costs are set to rise further, and with raw material and crude oil prices climbing, there is no prospect of a downward correction in petroleum resin prices—prices are likely to continue surging. We once again urge all our existing and new customers to prepare themselves mentally and stock up accordingly.
Contact Us
E-mail:
yingchengjiancai@qq.com
Telephone:
+86-15853665708 / +86-15966175001
Address:
Qiaoguan Industrial Park, Changle County, Weifang City, Shandong Province
Mobile/WeChat:
ZhenHua Packing Machinery
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