Resins are supplying the pressure

摘要

Manufacturers of coatings resins in Europe are continuing to push for price increases in the wake of big rises in raw material costs.The price hikes are ominous for coatings manufacturers because resin suppliers are not being optimistic about prospects for an easing of price pressures this year,even if there is a significant drop in oil prices.The grim outlook for resin prices stems from a tightness in the suppy/demand balance among upstream players.In some commodity chemical sectors an outage at a single plant can immediately trigger a scarcity.