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Echemi Market Analysis (Update on 2016-11-01)

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Previous Price:$1875/MT (Reference Price)
Current Price:$1864/MT (Reference Price)  $11/MT
Analysis: Epoxy resin production is mainly concentrated in three regions which are China, Japan and Europe. China's production capacity accounts for about 60% of the world's total production capacity. The major global market of epoxy resin demand has resumed growth began in 2010. During 2011-2013 years epoxy resin demand in the United States and Western Europe are respectively increased by 3.2%, and during 2014-2018 years will continue to maintain 2%-3% growth. While benefiting from the rapid development of Chinese market, global epoxy resin price will maintain in FOB 1850USD-1900USD/ton this year.
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