China's Epoxy Resins Market Weakens and Declines

November 03, News

Epoxy resins cost support has weakened, and downstream demand has decreased as the weather turns colder, especially in the wind power sector. The supply of epoxy resins is relatively loose, and traders generally have a bearish outlook on the future market. Epoxy resins manufacturers are mainly lowering their new order offers in line with the decline in cost values. The raw material bisphenol A market is also continuously declining due to the impact of the supply chain. Given that the price of bisphenol A is already at a low level and the loss is significant, the price decrease is limited. The downstream demand for ECH has not shown any significant support, and the market continues to be in a downward trend.

Epoxy resins are expected to remain predominantly at low levels, with continued attention needed on downstream demand and fluctuations in cost factors.