2016 present situation analysis and future prospects of Chinese coating raw materials

Global oil prices in 2016 remained at around $50, the price of raw materials and coatings showed a different trend. Wang Zhishun from the international crude oil to paint various raw materials prices and the market demand, a profound analysis of the 2016 China coating raw material market.

Wang Zhishun said that the 2016 monitoring products, 91% of paint raw materials, product prices, only 9% of the raw materials prices.

Thiourea

The emulsion of overcapacity in the industry increasingly fierce competition

In 2016 the domestic acrylic emulsion capacity of 3 million 400 thousand tons, an increase of 14.9% in 2015. But the operating rate has decreased significantly, is expected in 2016 the annual average operating rate of less than 7, in 2016 the total output of about 2 million 240 thousand tons in the vicinity.

Sulfamic acid 

From the recent years of acrylic emulsion production capacity, yield, operating rate statistics, although the acrylic emulsion production capacity continues to grow, but the rate slowed, the operating rate declined year by year, indicating the emulsion facing excess capacity, industry increasingly fierce competition.

As the main downstream acrylic emulsion for waterborne architectural coatings, acrylic emulsion for downstream of the total consumption of about 74%, followed by the textile and paper adhesive, respectively accounted for 8% and 7%.

Magnesium Sulphate

2016 acrylic emulsion is expected to total production of 2 million 240 thousand tons, of which building coating consumption is expected in the vicinity of 1 million 657 thousand and 600 tons. Acrylic emulsion capacity in China is mainly concentrated in the eastern region, followed by Southern China and North China, the factory production mainly concentrated in the surrounding coastal provinces. East China production capacity, the largest proportion of Jiangsu and Shanghai.

The price of 2015-2017 emulsion chart

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