Will price of C5 hydrocarbon resin road marking paint grade increase? We will see
The road marking paint C5 resin output is 99,170MT first half year of 2019 in China. Comparing with the same period in year 2018 output 88,814MT, it has increased 11.66%. There are mainly three reasons
1 The maintain of ethylene cracking is less in this year
2 Two facilities have increased their output much more than last year
3 The whole industry has been more healthy since environmental protection control, and there are not much sudden production-stop.
The price of C5 road marking paint grade had decreased from March. There is possibility that the price has some increase in the near future, but we will see.