The price of raw materials does not see the paint market prices continue to rise

With the development of society, there are more and more demands for coatings in all walks of life, and the requirements for their performance are also constantly increasing. In recent years, under the general trend of full-scale development in the hardware industry, construction industry and other industries, the technological level, practical application, and market promotion of coatings have made great progress, and have gradually become a topic of concern in the market. In the context of rising crude oil prices this year, the price of paint continues to increase as the market pushes up further.
At present, the type of paint has changed from the earlier single type to the current anti-pollution, fireproof, waterproof, water-based, colorful, rust-proof and construction-use paints; the quality of goods has gradually become brand-name, such as Bang, Garbo, Mickey, Clivia, China Resources, Kao, camels, Haha, and other famous brands of paint have joined Hardware City, further enhancing the paint market's competitiveness. In recent years, accelerating the realization of the integration of urban and rural areas and the construction of industrial zones, as well as the large-scale infrastructure construction carried out in the transformation of old cities, has given the architectural coatings industry a major opportunity for development. Experts from the China Epoxy Resin Industry Association stated that cities and roads projects are in full swing. The construction scale is large, the decoration and decoration standards are high, and high-grade paint products are required to match. Therefore, over the past few years, the coatings have included high-grade coatings. Coatings have shown a booming trend.
Since last year, the price of paint has been in a rising stage. Compared with the same period of this year, the price of paint has basically risen by about 10% to 20%. It is estimated that the price of paint will increase in the coming period. The pressure of raw materials such as solvent and oil prices soaring, soaring freight rates, and energy shortages are the direct factors that have caused paint prices to continue to rise. However, senior dealers also optimistically predict that: due to fierce market competition, the future trend of paint prices should be reduced, especially the import paint prices are very resistance. Moreover, the broad market and high growth make distributors still optimistic about the sales prospects of coatings. Dealers said that the price of paint continues to rise. There is another reason, that is, the initial price increase of raw materials, due to its lag in the impact on the price of paint, the dealers use the inventory of products to maintain sales, there has been a rise in raw materials However, the paint price is relatively stable. With the passage of time, the trend of price increases that lasted for a year has not diminished, inventory products have long been sold out, and price increases have become an inevitable trend.
As the prices of raw materials are not falling, it is expected that the market price of coatings will increase for a certain period of time in the future. In particular, furniture coatings and construction and decoration coatings will increase substantially. In October, as the home improvement and furniture production enter the peak season, the price of oil paints will soar. According to experts from the China Epoxy Resin Industry Association, the nitro and epoxy floorings that most people love to use in their home renovations. Paints and polyester coatings will increase prices, which may have a certain impact on the public decoration and architectural decoration industry. However, distributors are pleased to introduce that in the next few years, the country will make strategic adjustments to the structure of its paint products, phase out obsolete and heavily polluting products and old devices, and adopt advanced and applicable new processes and new technologies to transform traditional old products. , Take the road of fist products and international brand marketing. It is believed that through adjustments, a batch of medium and large paint manufacturers and business operators will continue to grow and mature, and a large number of small heads without core competitiveness will also be eliminated. After the adjustment, the paint industry can be completely reshuffled, which not only brings consumers more affordable high-end products, but also promotes the paint industry to standardize and mature. This is natural for consumers. It is a good news.

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