Hydrogenated hydrocarbon resin tendency in Q3, 2019
Currently, the demands of Chinese hydrogenated hydrocarbon resins keep rising which means the stock level is decreasing. The price is possible to be increased. However, from what we can see, there will be four new operating facilities of totally about 115,000MT capacity start to supply in Q3 2019. Comparing with current 223,000MT hydrogenated hydrocarbon resins capacity, it will increase more than 50%. The competition will be even severe!