Epoxy Resin Has A Difficult Road Under The Commodity Supply Chain Crisis

At present, the covid-19 epidemic is spreading in many parts of the country, and the production and application of epoxy resin has been greatly affected. Road closures are everywhere. Truck drivers are too scared to go on the road. Whether it is resin production or resin use, most of them cannot be released. Goods, the pace of circulation is close to stagnation.

The timely delivery and profit control of resin manufacturing enterprises are greatly challenged. On the one hand, it is necessary to maintain the production and operation of the enterprise, and on the other hand, it is necessary to reduce the inventory as much as possible. However, the current supply and demand are out of balance, and the supply exceeds the demand. This situation is like In "Dancing in Shackles".

Due to the market shutdown caused by the epidemic, the downstream resin consumption has been greatly reduced, and the sales data of various resin companies have declined. It is understood that in the second half of March, the sales of epoxy resin fell sharply, the inventory was high, and the sales price fell sharply, but there were still few people interested, which made the resin factory complain.

Recently, the double raw materials can't stand it anymore, there is no demand, and the price has fallen. Without the support of cost and demand, resin had to fall again and again. At present, it is close to the cost line. If there is no improvement, the load can only be further reduced. The operating rate in March is really worrying.