Epoxy resin light depression

The domestic epoxy resin market continued its downward trend yesterday. Among them, the raw material end: the holders of the bisphenol A market do not take the initiative to offer, the downstream purchase intention is weak, and the sporadic replenishment negotiations are reported to be 20,500-20,800 CNY/ton. The actual transaction is heard lower than the quotation; the price of epichlorohydrin is quite high. Mainly, it is reported to receive 20200-20500 CNY/ton from Jiangsu. Due to the positive news of multiple plant maintenance and production restrictions at the Huan Chlorine Plant, the supply is relatively tight and the price is firm. A slight increase is expected.

The liquid epoxy resin market's downward trend is difficult to change, downstream procurement is not active, and wait-and-see sentiment is permeated. Resin factories frequently produce low prices for orders, but the effect is not obvious. Due to the influence of dual control, Nantong Xingchen did not resume production of epoxy resin and bisphenol A devices as scheduled, and the time is undetermined. Legend has it that Kunshan Guodu LER did not resume production this month, which finally prevented the decline of resin prices.

No surprises next week, LER will still focus on the weak trend and pay close attention to the price trend of dual raw materials.