Supply lines for Polyester, Vinylester and Epoxy raw materials is now very tight in supply. Many large raw material manufacturers are calling force majeure and not suppling throughout the world. Several Styrene Monomer plants have closed causing a worldwide shortage of Styrene in the market, both of these factors are directly responsible for sharp increases in pricing.
Fibreglass roving supply worldwide is at an all time low, Jushi one of the worlds biggest roving suppliers has made several price rises over the last few weeks, and with a strong push from them to look after their domestic market this is reducing export numbers worldwide, causing supply problems and slow export times.
fiberglass Roving market: E-glass Roving prices increased steadily last week, now at the end and beginning of the month, most of the pond kiln are operating at stable price, few factories price slightly increased, the recent market in the middle and lower reaches of wait-and-see mood, mass products supply and demand to ease slightly, but the tension of assembled products between supply and demand is still more outstanding.The comparative growth was 1.67% and year-on-year growth rate is 48.78%. At this stage, the demand is still continued. Recently, some production lines have been hot, and local supply may have small towers in the later stage.
Post time: Jul-26-2021