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SCI conducts several pricing updates during the assessment period, which can be divided into intraday price and closing price. Intraday price reflects the offer, inquiry and dealing price in real time during the price assessment period.
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C5 Petroleum Resin Half
After experiencing the concentrated impact of the market in May, the price fell by 400 yuan/ton in total. In June, the price of C5 petroleum resin entered an accelerated downward channel, with a price drop of 500 yuan/ton to 9,500 yuan/ton, and a concentrated decline of 800 yuan/ton in some areas.
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In today's petrochemical industry, petroleum resin, as a critical chemical raw material, has consistently been a focal point of market attention due to its performance and price fluctuations. For Changsha, located in central China, the pricing of local petroleum resin not only reflects regional supply-demand dynamics but also mirrors the economic trends across South China and even the entire nation. This article delves into the price trends of Changsha’s C5 petroleum resin and the underlying factors driving these changes.
I. Overview of Changsha C5 Petroleum Resin Prices
Changsha’s C5 petroleum resin, a widely used intermediate chemical, primarily serves industries such as coatings, inks, and plastics. In recent years, alongside China’s rapid economic growth, demand for petrochemical products—especially high-end materials like C5 petroleum resin—has steadily increased. price volatility in Changsha’s C5 petroleum resin market has emerged due to factors such as raw material costs, transportation expenses, and environmental policies.
II. Factors Affecting Changsha C5 Petroleum Resin Prices
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Raw Material Costs: As petroleum is the foundational input for producing petroleum resin, global oil price fluctuations directly impact production costs. When international oil prices rise, manufacturing expenses increase, subsequently driving up Changsha’s C5 petroleum resin prices.
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Transportation Costs: Logistics play a significant role in pricing. Rising freight rates for road and rail transport in China have escalated shipping expenses, further inflating market prices for petroleum resin.
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Environmental Policies: China’s stringent environmental regulations, particularly in the petrochemical sector, have compelled companies to invest in technology upgrades to reduce emissions. These efforts raise operational costs, indirectly influencing petroleum resin pricing.
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Market Competition: Intense competition among domestic and international producers has pressured manufacturers to enhance product quality or lower prices to capture market share, directly impacting Changsha’s C5 petroleum resin prices.
III. Future Trends for Changsha C5 Petroleum Resin Prices
Looking ahead, Changsha’s C5 petroleum resin prices will be shaped by multiple factors. On one hand, China’s economic growth and expanding petrochemical industry will likely sustain demand for high-end chemical raw materials, creating opportunities for the market. On the other hand, global economic uncertainties and stricter domestic environmental policies may constrain production and distribution, potentially exerting upward pressure on prices.
Changsha’s C5 petroleum resin prices are influenced by a complex interplay of factors. To navigate future risks, businesses must stay attuned to market dynamics and strategically plan production and sales. Meanwhile, governments should strengthen regulatory oversight to foster healthy industry development, safeguarding national economic security and public interests.

