Currently, due to the epidemic situation in some provinces and cities in China, such as Shandong, Jilin etc. Especially in Shandong, many factories are concentrated here.
In addition, the epidemic affected the traffic, and some main roads were closed, so that rubber auxiliary agents manufacturers can not purchase the raw materials and have to stopped production.
This is true for both rubber antioxidant IPPD and rubber antiscorching agent PVI. The shutdown of major manufacturers and the little inventory in the market have led to the price take the rocket, and even the money can't buy the rubber antioxidant IPPD and rubber antiscorching agent PVI.
And we estimate the situation will continue to the end of this year, especially for the price increasing of rubber antiscorching agent PVI.
And the price of rubber antiscorching agent PVI is only 9050USD/MT EXW on week 11, but the price reach to 9600USD/MT EXW on week 12. the price increased 550USD/MT.
We still have some inventory for antioxidant IPPD and rubber antiscorching agent PVI, if there any inquiry please contact us feel freely.