The epoxy resin market continues to be depressed, the raw material bisphenol A continues to decline, the epoxy chloropropane continues to be depressed, and the dual raw materials are difficult to support. At present, the mainstream negotiated price in East China is 13600-13900 yuan/ton of purified water for delivery, and the negotiated price in Mount Huangshan solid epoxy resin market is 13400-13800 yuan/ton.
| PVA |
The market atmosphere for raw material bisphenol A is light, as downstream demand is sluggish and the weakness of raw material phenol/acetone continues. There are few inquiries on the bisphenol A market, with the main decline being negative. As of now, the mainstream negotiations in East China are between 9550 and 9650 yuan/ton, and sporadic low prices have also been heard. Market transactions are mostly small orders.
The raw material epichlorohydrin continues to be in a weak adjustment state. Currently, the market sees a lot of air pollution, but due to the weak demand situation, it is difficult to improve. Manufacturers are under great pressure to ship, and there are many intentions to sell at a discount. The price of new orders has declined. At present, the mainstream negotiation price in Shandong is 8100-8200 yuan/ton for acceptance and delivery.
In the future, the market atmosphere for epoxy resin has been relatively light in the near future, with downstream purchases maintaining small orders according to demand. Manufacturers are still under pressure to ship, while dual raw materials are difficult to support, and the industrial chain is mostly showing a downward trend upward. It is expected that short-term bearish sentiment will be the main trend on the market, and epoxy resin will undergo a narrow adjustment, continuously focusing on the demand side trend of upstream product level in the industrial chain.
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