After new year’s day, the East China liquid epoxy resin continued to negotiate in 20100-21500 yuan / ton barrels. Today’s market as a whole rose by about 1000 yuan / ton. The market offer was 21500-23000 yuan / ton. The factory offer was mostly 23000-24000 yuan / ton with limited supply. The delivery needs to line up. Among them, the mainstream negotiation of solid resin is about 17200 yuan / ton, and the orders of the current factory are increased compared with the previous period. In addition, the upstream raw materials also show signs of warming up, and the epoxy resin is on the rise obviously.

The shortage of supply is the main reason for the upsurge of liquid epoxy resin market. After a wave of decline, under the influence of the mentality of buying up but not buying down, the inventory of downstream factories has been basically exhausted, and the epoxy resin market has fallen to the break even point. Some factories have a single proposal to reduce the operating rate. After a short period of price balance, the terminal procurement has gradually recovered, but a few factories have been affected by extremely cold weather Gas affected the equipment failure. The epidemic was caused by the decrease of the factory operation rate. As the holiday approached, the logistics was tight and the inventory demand increased. However, the epoxy resin inventory was not large. With the arrival of a wave of demand, the factory had to queue up to pick up the goods. Under the tight supply, the factory’s offer was raised to 23000-24000 yuan / ton one after another.

In terms of plant, Nantong Xingchen 160000 tons liquid epoxy resin plant was restarted, and Huangshan Jinfeng 15000 tons solid epoxy resin plant was shut down for technical transformation. Guodu chemical’s epoxy resin plant is in the state of shutdown, mainly out of stock.

BPA rose again after a weak correction, with little increase. However, due to the increase of confidence of downstream shippers, shippers’ offer tentatively pushed up. The current mainstream offer is 13000 yuan / ton, and factories mainly stop offering, among which Changchun chemical offer is 12800 yuan / ton, Lihua yiweiyuan offer is 13500 yuan / ton. In terms of market, East China and North China offer is maintained at 12800-13000 yuan / ton. The market of epichlorohydrin, another important raw material, maintained a stable trend, with little change after the festival. At present, epichlorohydrin closed at 12200-12500 yuan / ton.

At present, the price of raw material bisphenol A in downstream resin plants is about 14000-16000 yuan / ton, while the price of epichlorohydrin is 11500-12200 yuan / ton. From this point of view, the current profit value of liquid resin is relatively low. After bottoming, it is reasonable that with the increase of terminal demand price, the business community expects that the short-term liquid epoxy resin will maintain 21500-23500 yuan / ton