Domestic epoxy resin Market sluggish (early April report)

Domestic liquid epoxy resin market is weak, epichlorohydrin and bisphenol A two raw materials market synchronization lower, so that the more pessimistic attitude of the resin buyers, the market is only a few goods, limited volume. Solid epoxy resin Market: raw material prices and the lack of demand for terminal solid epoxy resin market to further weaken the downstream buyers in the cautious wait and see, the overall turnover is difficult to peatlands. Factory: Jiangsu Yangnong liquid epoxy resin plant 25 thousand tons / year started 7-8, unit two 25 thousand tons / year production time will be delayed until after August, will be the new expansion of the original plan of 25 thousand tons to 50 thousand tons; Wuxi di'aisheng epoxy resin plant planned 15 thousand tons / year in April 4th parking maintenance, is expected to last 10 days about; solid resin manufacturers started is generally low, the overall operating rate of 5 into the lower part of the factory, intermittent parking device. Market outlook is still expected to decline slightly. Southern China area: local liquid epoxy resin poor market sentiment, raw material prices decline further impact on market confidence, downstream buyers backlash on the resin price, purchase intention is low, the overall volume is limited, the local E-51 (618) reference price 26000-26500 yuan / ton, E-44 (6101) reference price for 25500-26000 yuan / ton, mainly in the high-end retail turnover; local solid epoxy resin to discuss the market atmosphere is not strong, lack of terminal demand for powder coatings greatly inhibited the epoxy resin and take goods and raw material prices all the way down, solid resin prices fell, E-12 (604) reference price for 21300-21600 yuan / ton, compared with the previous downturn in 200-300 yuan / ton. In consideration of the short term is difficult to improve the raw material market, the market is still bearish pessimistic attitude. East China: local liquid epoxy resin Market Trading atmosphere light, E-51 (618) reference price for 25500 yuan / ton, E-44 (6101) reference price for 25000 yuan / ton, adequate supply of local supply, market price competition is increasingly fierce, some new manufacturers to open the market, take the goods the level was slightly lower in the impact of the low turnover, coupled with the possibility of raw materials prices lower the overall market is large, there are still downside larger. The market of solid epoxy resin, E-12 in Jiangsu (604) reference price for 21000-21300 yuan / ton, Shandong area E-12 (604) market reference price for 21000-21300 yuan / ton, the level of turnover compared with last week, down 200-300 yuan / ton, affected by raw materials epichlorohydrin and bisphenol A market continuously, buyers on the price resentment strong, both parties negotiate slightly stalemate, the overall turnover in the impact of sluggish demand and lack of confidence, low trading volume. Mount Huangshan area: raw materials epichlorohydrin and bisphenol A market continued to decline, coupled with the terminal demand for light, solid epoxy resin prices remain weak, the overall operating load of local device is maintained at 4-5 percent level, E-12 (604) reference price for 21000-21300 yuan / ton, compared with last week, down 300 yuan / ton, the local manufacturers generally take the goods to reflect the pressure is too large, slow consumption of inventory based, finite volume. North China: local liquid epoxy resin market is still weak, E-44 (6101) reference price for 25000-25500 yuan / ton, E-51 (618) reference price for 25500-26000 yuan / ton, high turnover is difficult, by raw materials prices downward, resin market turnover of the atmosphere is more sluggish, the overall trading volume is insufficient. Northeast region: the local liquid epoxy resin to discuss the market light, E-51 (618) mainstream transaction price of 26000 yuan / ton, E-44 (6101) reference price of 26000 yuan / ton, downstream buyers in cautious in a demand pick-up, and in the suppression of insufficient demand, market demand has been reduce the overall volume of less.

Source: China Chemical Network