Epoxy Resin Prices

Recently, the domestic epoxy resin market has picked up, with the liquid epoxy resin market rising steadily, and the solid epoxy resin market rising steadily. In terms of supply and demand, the supply of epoxy resin market has decreased, and downstream buyers are buying up and not buying down, which has led to strong sentiment among stockholders, and the enthusiasm of downstream inquiries has also increased.

A number of liquid epoxy resin factories have further raised their offers, and the mainstream market price of liquid epoxy resin has risen to more than 19,000 CNY/ton. As of August 19, the mainstream negotiated price of the liquid epoxy resin market in East China was 18,400-19,200 CNY/ton, an increase of 850 CNY/ton from last week.

It is reported that China's solid epoxy resin is mainly concentrated in Huangshan, Anhui. At present, the mainstream negotiated price of solid epoxy resin market in Huangshan area is 17000-17500 CNY/ton, which is 400 CNY/ton higher than last week, and it is still running strongly.


Raw materials push up, supply has decreased! Revealing the secret of epoxy resin price recovery

Since the beginning of this year, the domestic epoxy resin market has changed from the continuous high price situation last year, and once fell into the bottom of the valley, or even slumped. Only recently have there been any signs of recovery. So what is the cause?

High temperature weather occurs in many places in summer, resulting in air-conditioning load exceeding 25 million kilowatts, a year-on-year increase of 35%. In this regard, Hefei City, Anhui Province advocates industrial enterprises to avoid peaks and yield power through planned maintenance and other methods, use high-energy-consuming equipment in an orderly manner, reduce non-production and non-essential electricity consumption, and try to use electricity for production links as much as possible. To a certain extent, the reduction of negative production or the suspension of production in some enterprises has resulted in a tight supply of epoxy resin and a recovery in prices.


Raw material supply level

Recently, the bisphenol A market has been rising continuously. The price of epichlorohydrin in the epichlorohydrin market has stabilized first and then increased due to the decrease of power supply in Jiangsu Haixing and the increase in downstream purchases. The rise in the price of dual raw materials has brought greater cost support to the epoxy resin market. In addition, Nantong Xingchen has stopped production and the restart time is to be determined. The market rally is clear. The increase further highlights the rising atmosphere of the epoxy resin market.

Device level

Liquid epoxy resin: Except for Nantong Xingchen, the production load of other liquid epoxy resin factories has increased, and the operating rate has increased to 60-70%.

Solid epoxy resin: Electricity and steam restrictions in Huangshan Huizhou Park, the factory temporarily shut down for 3 days; boiler maintenance in Shexian Park will reduce production by the end of the month, and the supply of solid epoxy resin is expected to shrink significantly within the month. At present, the solid epoxy resin is still in a state of large-scale reduction or parking, and the operating rate is 3-40%. Many companies do not offer quotations, but the price push is more obvious.

For the domestic epoxy resin industry, in addition to looking at its own supply and demand situation, it is also necessary to always pay attention to the development of downstream industries, keep up with the changes in demand, and grasp the rigid demand, so as to minimize the impact of the lag in the transmission of market information. . For the coatings and chemical industries, not only epoxy resins, but also the supply of various raw materials upstream of coatings such as titanium dioxide and fillers are facing tightening. The price is expected to rebound, which will further threaten the raw material supply and cost control of coating companies.