BASIC CHEMICALS

China Supplier: Latest Price for Petroleum Resin in 2023

As an industry insider, I understand the importance of staying informed about the latest market trends. The current petroleum resin latest price is crucial for making informed purchasing decisions. With a strong demand in China, we cater to businesses looking for reliable suppliers who can provide high-quality products at competitive rates. Our petroleum resins are ideal for adhesives, coatings, and inks, meeting the rigorous standards of various industries. I make it a point to stay connected to market fluctuations, ensuring that I offer you accurate and updated pricing. By choosing us as your trusted supplier in China, you can elevate your production processes while staying within budget. Whether you're a small manufacturer or a large corporation, our team is here to assist you in selecting the right resin for your needs. Let’s connect and discuss how we can support your business growth through quality products and unbeatable service!

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Petroleum Resin Latest Price Products Your End-to-End Solution

In the rapidly evolving world of petrochemicals, staying informed about the latest prices and trends is crucial for global buyers. Petroleum resins have garnered significant attention due to their diverse applications across various industries, including adhesives, coatings, and rubber. As a top choice for manufacturers seeking quality and reliability, these resins provide essential properties such as thermal stability, chemical resistance, and excellent adhesion. Understanding market dynamics is key to making informed purchasing decisions. Recent fluctuations in the oil market, regulatory changes, and evolving demand patterns are impacting resin pricing. By familiarizing yourself with these factors, you can better strategize your procurement plans and ensure competitive pricing for your business. Our comprehensive approach offers valuable insights into price trends, allowing you to anticipate fluctuations and make well-timed purchases. As a trusted partner for your procurement needs, we aim to deliver an end-to-end solution that addresses all aspects of your sourcing strategy. Whether you are looking for specific resin grades, bulk purchasing options, or logistical support, our extensive network ensures you receive the highest quality products at competitive prices. Stay ahead of the competition by leveraging our resources and expertise to optimize your supply chain for success in the petroleum resin market.

Petroleum Resin Latest Price Products Your End-to-End Solution

Product Type Application Color Viscosity (cP) Softening Point (°C)
C9 Resin Adhesives Amber 300 90
C5 Resin Coatings Yellow 200 100
DCPD Resin Sealants Clear 500 120
Phenolic Resin Rubber Brown 1500 170

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Petroleum Resin Latest Price Leads the Global Market Where Service Meets Innovation

Global Petroleum Resin Price Trends: 2022-2023

The graph above illustrates the price trends of petroleum resin over the period from January 2022 to October 2023. The data indicates a progressive rise in the price per ton, reflecting market dynamics influenced by supply chain challenges, demand fluctuations, and innovation within the industry. Starting from a price of $850 per ton in January 2022, there was an observable dip to $780 by April 2022. However, a rebound set in mid-2022, leading to prices reaching as high as $1150 by October 2023. This chart underscores the increasingly volatile nature of petroleum resin pricing, emphasizing the importance of strategic planning for stakeholders within the supply chain. As service and innovation continue to intersect, understanding these trends can aid in navigating future market challenges effectively.

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