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Epoxy market changes

ECHEMI 2021-07-30

Yesterday, both raw materials fell sharply, making people unavoidable to worry about the trend of the epoxy market today. Will the market decline drastically because of this?


Unexpectedly, the market has maintained a rare calm.

 

The closing price of BPA/ECH was basically the same as yesterday, and did not continue to decline. Except for a very small number of downgrades of epoxy resin factories, most of the factories were calm and kept calm and calm and did not give up easily.

 

In the afternoon, the market changed. There was news from Huangshan that the price of two-step resin products increased by 700 CNY/ton, which brought back the price that had fallen in the previous two days. The reason is that the price of liquid resin may increase.

 

The market is always so unpredictable. Amidst the interweaving of bad news and good news, business opportunities are in a flash. Yesterday, I said that the next market price is a short-term decline in Changhong. I expected it to fall for a few days so that the downstream can replenish some goods. Unexpectedly, the door was not there, only a small gap was opened and then closed.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.

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