The prices of chemical raw materials in the manufacturing industry increased by 16.3% had an impact on the prices of mould release wax fibreglass

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According to data released by the National Bureau of Statistics on July 9, China's producer prices rose by 6.1% year-on-year in June, flat month-on-month. Prices for industrial producers rose 8.5 percent year on year and 0.2 percent month-on-month.

Data show that in June, chemical raw material purchase prices rose 0.7% month on month and 11.2% year on year. Factory gate prices for chemical raw materials and chemical products rose 0.4 percent month on month and 13.8 percent year on year.

On a month-on-month basis, the changes in international crude oil prices drove up the prices of relevant domestic industries, among which the prices of oil and natural gas extraction industry rose by 7.0%, and the prices of oil, coal and other fuel processing industry rose by 3.6%, and the prices of chemical fiber manufacturing industry rose by 2.2%. Coal mining and washing prices rose 0.8 percent as demand for coal reserves increased in the "peak summer". Influenced by slowing investment growth and other factors, the demand for steel and cement industries was relatively weak. Prices of ferrous metal smelting and rolling and processing industries fell by 3.1 percent, and prices of non-metallic mineral products fell by 1.5 percent. In addition, prices of the agricultural and sideline food processing industry went up by 1.0 percent, those of the textile, clothing and apparel industry by 0.6 percent, and those of the electrical machinery and equipment manufacturing industry by 0.5 percent. Prices of non-ferrous metal smelting and rolling and processing industries fell by 2.1 percent.

On a year-over-year basis, prices rose in 37 of the 40 industrial sectors surveyed, the same as in the previous month. Among the major industries, the price increase increased as follows: oil and natural gas exploration, up 54.4 percent, or 6.6 percentage points; The agricultural and sideline food processing industry rose 5.6 percent, an increase of 1.9 percentage points. The processing industry of petroleum, coal and other fuels increased by 34.7 percent or 0.7 percentage points. For the coal mining and washing industries, the price increase decreased by 31.4 percent, or 5.8 percentage points; The non-ferrous metal smelting and rolling and processing industry rose by 8.2 percent, down 2.2 percentage points; The gas production and supply sector rose 21.8 percent, down 0.2 percentage points. The ferrous metal smelting and rolling industry prices fell 3.7 percent, 2.4 percentage points faster than in the previous month.

In the first half of this year, producer prices and purchase prices of industrial producers rose by 7.7% and 10.4%, respectively. Among them, the purchase price of chemical raw materials rose 13.4 percent year on year, and the factory gate price of chemical raw materials and chemical products rose 16.3 percent year on year.

Influenced by the prices of chemical raw materials and products in the manufacturing industry increased by 16.3% year on year, the mould release wax fibreglass market is changing rapidly. These changes are indicators of market growth. This year-over-year uptrend in the market suggests oval but steady growth for the period 2022-February 2030. If you are looking for a mould release wax fibreglass or bulk purchase mould release wax fibreglass, please send an email to: sales@huagechemical.c om .

The mould release wax fibreglass prices continue to be influenced by factors such as market momentum, opportunities and challenges. However, the global mould release wax fibreglass sales market is expected to continue to be above average during the forecast period 2022 to 2030. Growth rates will continue to rise. Expect some increase in mould release wax fibreglass prices from today to next week.

The cost of mould release wax fibreglass is constantly changing due to changes in consumer demand, changes in import and export conditions, and various investigations into mould release wax fibreglass development. Considering the macroeconomic parameters of the current market, value chain analysis, channel partners, supply and demand and other factors, the cost of the mould release wax fibreglass will also be affected to a certain extent. Expect a slight increase in the cost of mould release wax fibreglass between today and next week.

“However, Huagechemical offers environmental protection, health, mould release wax fibreglass chemical raw materials and stable prices. In order to give feedback to regular customers, the company remains fully operational, offering mould release wax fibreglass at competitive prices.”sales manager at Huagechemical.

About Huagechemical- the mould release wax fibreglass supplier

Foshan Shi Hua Ge C hemical Co., Ltd. is a preferred global partner and have been committed to the environmental protection, health and chemical materials. R elying on rich industry experience and in-depth understanding and prediction of market trends, we provide value-added services to our partners.

Our product line includes Products include mold release agent , chemical additives, color paste, paint curing agent. Application areas include PU soles, PU car carpets, wood-based panels, paper (food), metal die casting, paint and glue curing agent products, etc. If you are looking for mould release wax fibreglass, please send email to: sales@huagechemical.com

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