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[Industry Focus]:After the May Day double raw materials fell, epoxy resin market weak.

Bisphenol A:

price aspect: after the holiday, bisphenol A market was weak and volatile: as of May 6, the reference price of bisphenol A in East China was 10000 yuan/ton, it was down 100 yuan from before the festival.

At present, the upstream phenol ketone market fluctuates within a narrow range. Cangzhou Dahua and Yanhua polycarbon devices are still under maintenance, and the supply end of bisphenol A has not changed much. Bisphenol A market has gone through a wave of replenishment before the festival. After the festival, the in stock market atmosphere is depressed and the overall market situation and price are weak.

In terms of raw materials: Narrow volatility in the phenol ketone market last week: acetone the latest reference price is 6400 yuan/ton, phenol the latest reference price is 7500 yuan/ton, which is not much volatile than before the festival.

Device condition: Huizhou Zhongxin 40000 tons of equipment, Cangzhou Dahua 200000 tons of equipment parking, Yanhua carbon 150000 tons of equipment long-term maintenance parking.


Epichlorohydrin:

price aspect the epichlorohydrin market fell slightly after the holiday: as of may 6, the reference price of epichlorohydrin in east China market was 8600 yuan/ton, down 300 yuan from before the holiday.

Raw material end propylene and liquid chlorine market showed a downward trend, glycerin prices remained low, cost support weak. Before the festival, the downstream epoxy resin factories were not very enthusiastic about buying the raw material epichlorohydrin. After the festival, the market atmosphere was even more depressed, and the prices negotiated under the factory's poor delivery were gradually moving down.

In terms of raw materials: Two route ECH main raw material prices fell slightly during the week: propylene the latest reference price is 7100 yuan/ton, down 200 yuan from before the festival. East China 99.5% Glycerin the latest reference price is 4750 yuan/ton, which is the same as before the festival.

Device condition: wudi Xinyue, Jiangsu Haixing, Shandong Minji and other sets of device load is low.


Epoxy Resin

price aspect last week, the domestic epoxy resin price remained basically stable: as of may 6, the reference price of liquid epoxy resin in east China was 14600 yuan/ton (east China/barrel factory) and the reference price of solid epoxy resin was 13900 yuan/ton (east China delivery price).

Within a few working days after the festival, the epoxy resin industry chain is dominated by weak shocks. After the pre-holiday downstream stocking and the arrival of the new contract cycle at the beginning of the month, the consumption of raw materials to contract and inventory-based, market procurement enthusiasm is insufficient. The raw materials bisphenol A and epichlorohydrin showed a downward trend, especially the epichlorohydrin market. The cost side showed a downward trend, but the epoxy resin manufacturers' offer remained stable at the beginning of the month, but if the double raw materials continue to fall next week, the epoxy resin market will also decline and the overall market will be weak.

Device aspect: The overall operating rate of liquid resin is about 70%, and the overall operating rate of solid resin is about 50%.: Liquid resin whole the operating rate is about 70%, and the overall operating rate of solid resin is about 50%.

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