Double Raw Materials Continue to Rise, Liquid And Solid Continue to Rise

Yesterday, the Japanese number quoted the market's big coffee's prediction of the trend of dual raw materials all in their words. BPA reached the level of 18,500 CNY/ton (I heard that some real orders were sold at 18,600/18,700 CNY/ton). This price has increased by 300-400 CNY/ton from yesterday according to different calibers; ECH stood on the stage of 16,800 CNY/ton. , According to different calibers, the price increased by 700-800 CNY/ton compared with yesterday. Entering just two days in January, BPA/ECH has increased by RMB 1300/1000/ton respectively from the closing price on December 31 last year, which is not a small increase.

Today, the liquid epoxy resin market opened in the morning, and some factories raised the price ranging from 1,000 to 800 yuan, at least 500 CNY/ton. With the gradual increase in the prices of dual raw materials in the afternoon, the decision-makers of the factory could not sit still, and there was another wave of increases. A large factory just raised 1,000 CNY/ton in the morning, and saw that the situation was not good before the market closed, and then it increased by 500 CNY/ton. Coincidentally, another large factory also just raised 1,000 CNY/ton today. It may be very good to take orders. The notice will be raised by 1,000 CNY/ton from tomorrow.

According to market sources, the recent shortage of ECH is too serious, and the good news stimulates the price of a wild horse-unrestrained, and it will be difficult to stop for a while. The market may directly rush to 17,000-17500 CNY/ton tomorrow. Optimistic forecasts, It may jump to 18,000 CNY/ton in the next few days.

It is said that before the Spring Festival is "cold water January", price fluctuations cannot be so unexpected. It is mainly due to the strong thrust of dual raw materials, which is also caused by various uncertain factors and the situation formed by force majeure. Traditional concepts are no longer suitable for judging the market. New vision, new ideas, and new information should be used to control market trends.

When I wrote this article, there were constant phone calls and WeChat interference. It was impossible to calm down and write to understand the whole story in detail, so I just put it aside. Regarding whether the price of resin that everyone is concerned about will rise again, and whether it can be purchased at present, I think everyone will have a book in their minds.