Market Alert: Resin Prices Rise by $145/ton—Navigating the "Price Without Volume" Window
The blockade of the Strait of Hormuz has sent international oil prices into a spiral, triggering a violent cost transmission across the chemical industry. On March 6, WTI closed at $90.90/barrel. This isn't just an energy spike; it is a direct threat to the manufacturing costs of composite materials.
1. Raw Material Cost Transmission (USD Index)
As of March 9, Styrene has seen a rapid 8.99% increase. This has driven an immediate price hike of $130 – $145 per ton across various resin categories.
Latest Resin Price Index :
| Resin Category | Adjusted Index (USD) |
| :--- | :--- |
| Artificial Stone / Quartz Resin | $116 |
| Ortho-type General Purpose | $123 |
| DC Hand Lay-up | $122 |
| Pultrusion Resin | $130 |
| Filament Winding (Structural) | $129 |
| Filament Winding (Isophthalic Liner) | $145 |
| NPG Molding / CIPP | $126 |
| DPG Molding | $154 |
2. Analysis: Why Prices Will Continue to Climb
The crisis is deepening as Middle Eastern producers begin shutting down oil fields, leading to a physical reduction in supply. Simultaneously, domestic refineries are reducing loads due to natural gas and oil shortages. This double-squeeze ensures that raw material prices will remain volatile until strategic reserves are released or shipping routes normalize.
3. Market Reaction: The "Cooling Window"
Currently, the market is entering a "price without volume" phase. While costs are at record highs, downstream acceptance is low. In key regions like North and East China, UPR production loads are dropping significantly.
About Yansha Quartz Stone
In this turbulent market, stability is the ultimate luxury. As a professional manufacturer with 3 production bases and 39 modern lines, Yansha Quartz Stone is committed to helping our clients mitigate risk through strategic inventory management and large-scale production reliability.
[Contact our team for the latest supply availability and quartz slab pricing]
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