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[Industry Focus]：Raw materials narrow Shanghai, epoxy resin weak operation

Read： 306 Time：14months ago Source：有料化工

Yesterday, the domestic epoxy resin market continued to be weak, BPA and ECH prices rose slightly, and some resin suppliers raised their quotations under the promotion of cost. However, due to insufficient demand for downstream terminals and less actual trading activities, the current inventory pressure of various manufacturers has an impact on the market mentality, and industry insiders are not optimistic about the market outlook. As of the close, the mainstream negotiation price of East China liquid epoxy resin was 13600-14100 yuan/ton of purified water leaving the factory. The mainstream negotiation price of Huangshan solid epoxy resin is 13600-13800 yuan/ton in cash.

1, bisphenol A: Yesterday, the domestic bisphenol A market as a whole was stable and fluctuated slightly. Although the raw material phenol acetone finally fell, bisphenol A manufacturers are facing serious losses, and the cost pressure is still large. The offer is firm at around 10,200-10,300 yuan/ton, and the low price intention is not high. However, the downstream demand to follow up slowly, the market trading atmosphere is relatively light, the actual volume is insufficient. By the end of the day, the mainstream negotiation price in East China was stable at around 10100 yuan/ton, and the price of sporadic small orders was slightly higher.

2, epoxy chloropropane: yesterday, the domestic ECH price center of gravity rose. Supply pressure is not much to support the mentality of the industry, the market push-up atmosphere is higher. The price of some factories in Shandong pushed up to 8300 yuan/ton acceptance factory, non-resin customers traded mostly. Jiangsu and Huangshan market overall atmosphere performance is relatively quiet. Although the manufacturer's price, but the downstream market inquiry is rare, only just need a small single purchase, the actual turnover is insufficient. By the end of the day, the mainstream negotiation in Jiangsu Huangshan market was delivered at 8300-8400 yuan/ton, while the mainstream negotiation in Shandong market was delivered at 8200-8300 yuan/ton.

Future market forecasts:

at present, double raw material manufacturers have a strong desire to raise prices, but they are more cautious due to market pressure. Epoxy resin downstream into the market to buy cautious, in the digestion of the warehouse stage, into the market inquiry is rare, the actual volume of insufficient. In the short term, the epoxy resin market is expected to be weak and volatile. Therefore, it is recommended that the industry pay close attention to the trend of the raw material market.

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