The domestic epoxy resin market has declined significantly, which is mainly due to the obvious decline of the raw material end, especially the bad support from the bisphenol a market, and the procurement of downstream products has weakened under the market decline. According to the monitoring data of business society, the offer of liquid epoxy resin Market in East China was 35500 yuan / ton on September 3, and 34200 yuan / ton on September 10, with a significant decrease of 1300 yuan / ton within the week. So far, the offer of liquid epoxy resin Market in East China is 34200-34500 yuan / ton, and the barrel ex factory price of Huangshan solid resin market is 30500 yuan / ton, Shandong solid resin market offers at 30500 yuan / ton.

From the raw material side, bisphenol a decreased significantly. In the second week of September, the bisphenol a market fell broadly. In particular, the bidding price of a petrochemical enterprise in Zhonghua East increased to 27400 yuan / ton, down 400 yuan / ton month on month. The market was more bearish, and the offer of the holder followed the downward trend. According to the monitoring data of the business society, the average offer in the East China market was 28160 yuan / ton on September 1, On September 10, the offer of East China market fell to 27440 yuan / ton, with an average decline of 500-600 yuan / ton in major markets, with an overall decline of 2.14% since September

Another important raw material epichlorohydrin, driven by the shutdown of 130000 T / a unit in Haixing, Jiangsu, the market bucked the trend and continued to operate at a high level. According to the bulk list data of business society, as of September 10, the average quotation price of epichlorohydrin enterprises was 15866.67 yuan / ton, up 6.49% compared with Monday’s price. The glycerol method has a strong cost driving effect. Epichlorohydrin manufacturers mainly execute orders, the supply of spot goods is tight, the owner’s mentality of pushing up is strong, the focus of price negotiation moves upward, the downstream procurement mentality is more cautious, and it just needs to follow up.

At present, the downstream is relatively exclusive of high price goods, mainly consuming early orders, and there is an obvious shortage of new orders and insufficient actual orders.

From the perspective of the business community, the main raw materials rise and fall. Despite the decline of bisphenol A, the domestic supply is expected to remain tight. The epichlorohydrin is adjusted at a high level, and the cost side is still under great pressure. Under the cost pressure of downstream factories, the purchasing end is depressed, and the actual quantity of orders is obviously insufficient. The business community expects the epoxy resin market to be sorted and operated in a short range, East China offers liquid epoxy resin at the ex factory price of 34200-34500 yuan / ton, and continues to pay attention to the dynamics of upstream and downstream products.