Last week, raw material prices fluctuated as follows:
- Price Decreases: Pure Benzene: decreased by approximately $20.83/tonAcetone: decreased by approximately $13.89/ton
- Price Stability: Aniline and Cyclohexylamine: prices remained stable milk and other additive raw materials: prices also remained stable
- Accelerator Market: With steady prices, the overall demand for accelerators remained stable. Upstream raw materials showed slight adjustments and pre-holiday stockpiling effects were not pronounced, leading to limited order concentrations. With sufficient supply and downstream purchasing driven by immediate needs, accelerator prices are expected to remain stable soon.
- Antioxidant Market: After a period of stability, the market experienced panic buying due to unforeseen events and pre-holiday stockpiling effects. This led to noticeable price increases for Antioxidant 4020 and 4010NA, while RD also saw price rises due to market sentiment. The transaction volumes for Antioxidant 4020, 4010NA, and RD increased significantly. The market is still evolving, and prices for antioxidants are expected to maintain an upward trend after the holiday.
- Other Materials:
- Insoluble Sulfur: supply remains ample, and prices are stable.
- Zinc Oxide: saw a slight price increase.
- Stearic Acid and Silane Coupling Agents: prices remained stable.
- Anti-scorching Agents: prices have increased.