1、C5 Petroleum Resin Price History And Comparison Online

You can view the price history curve, and choose the price for comparison.

2、Suzhou C5 Petroleum Resin Price Inquiry

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3、China C5 Petroleum Resin, C5 Petroleum Resin Wholesale, Manufacturers

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4、C5 petroleum resin Price Search

SCI conducts several pricing updates during the assessment period, which can be divided into intraday price and closing price. Intraday price reflects the offer, inquiry and dealing price in real time during the price assessment period.

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C5 Petroleum Resin Half

After experiencing the concentrated impact of the market in May, the price fell by 400 yuan/ton in total. In June, the price of C5 petroleum resin entered an accelerated downward channel, with a price drop of 500 yuan/ton to 9,500 yuan/ton, and a concentrated decline of 800 yuan/ton in some areas.

Zhengzhou C5 Petroleum Resin Prices

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What is the price of C5 petroleum resin in Suzhou?

In today's globalized economy, petroleum resin—a critical chemical raw material—is subject to price fluctuations influenced by various factors. As a major industrial hub in eastern China, Suzhou's petroleum resin market attracts significant attention. This article provides an in-depth analysis of Suzhou's C5 petroleum resin prices, offering insights for businesses and investors.

I. Definition and Characteristics of Petroleum Resin

Petroleum resin is a high-molecular-weight compound derived from petroleum, known for its excellent chemical and thermal stability. Widely used in coatings, adhesives, inks, plastics, and other industries, it is an indispensable raw material. Due to its unique properties, petroleum resin plays a pivotal role in industrial production.

II. Factors Affecting Petroleum Resin Prices

1. Crude Oil Prices: As petroleum resin is derived from petroleum, global oil price volatility directly impacts production costs. Rising crude oil prices increase resin costs, while declines reduce them.

2. Supply and Demand Dynamics: Market equilibrium significantly influences pricing. Prices rise when demand exceeds supply (e.g., during construction peaks) and fall when supply outpaces demand (e.g., off-season).

3. Transportation Costs: Long-distance logistics affect final pricing. Higher transportation expenses typically elevate resin prices.

4. Policy Adjustments: Government regulations, such as export restrictions or environmental policies, can alter production costs or supply chains, subsequently impacting prices.

III. Analysis of Suzhou’s C5 Petroleum Resin Prices

Suzhou, a key industrial base in China’s Yangtze River Delta, currently sees C5 petroleum resin prices ranging from RMB 6,000–8,000 per ton. Key influencing factors include:

1. Crude Oil Trends: Recent upward trends in global crude oil prices have modestly inflated resin costs, though production expenses cap extreme price hikes.

2. Supply-Demand Imbalance: China’s industrial growth has spurred resin demand, while domestic supply constraints (e.g., environmental-driven production cuts) have tightened availability, supporting higher prices.

3. Transportation Costs: Suzhou’s advantageous location (proximity to ports and efficient logistics) generally lowers transport costs. global trade policies or economic shifts could introduce volatility.

4. Regulatory Policies: Stricter environmental rules may raise compliance costs, while incentives for domestic production could boost market vitality. Both scenarios impact pricing.

Suzhou’s C5 petroleum resin prices are shaped by a complex interplay of crude oil trends, supply-demand dynamics, transportation costs, and policy shifts. Currently, prices hover between RMB 6,000–8,000 per ton, but future fluctuations are likely due to evolving global economies and domestic policies. Businesses and investors should closely monitor market trends to make informed decisions.