Thursday, September 5, 2019

China's Epoxy Resin Market Declines Overall

Last week, China's domestic epoxy resin market showed a downward trend. As of this Monday, Huadong liquid epoxy resin negotiated price reference at 17200-17600 yuan / ton (contracted delivery), solid epoxy resin negotiated price at 14600-15200 yuan / ton (accepted delivery). buy Propylene oxide with the best price

During the week, the raw material epichlorohydrin was up and down significantly, and the other raw material bisphenol A continued to be weak. The epoxy resin production cost support was weakened, but the downstream order of Huangshan solid resin market was better, the manufacturers offered high prices, and the new single-letter profit margin decreased. The liquid epoxy resin factory consumes long-term raw material orders, and the increase is relatively small, and the overall profit margin increases.

During the week, the liquid resin plant started operating at a stable load, maintaining at around 60%, Guodu Chemical's 145,000 tons/year plant start-up load is relatively low; Changchun Chemical 150,000 tons/year plant, Jiangsu Yangnong 140,000 tons/year device in September There are maintenance plans. However, due to the limited discharge of wastewater from the Jixian Industrial Park, the solid epoxy resin has a limited start-up load and is only maintained at around 50%. Raw materials for downstream and terminal orders have been purchased in place, and the buying performance has been negative and wait-and-see. The new orders have been unsatisfactory, and the purchases are just in need of purchase. The number of transactions is limited, and the industry pays more attention to the fluctuations in the later market.

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