The domestic epoxy resin market fell significantly, mainly due to the decline of both raw materials and liquid resin market. According to the monitoring data of business society, the liquid epoxy resin Market in East China was quoted at 25800-26200 yuan / ton on May 23, which fell at the opening. The offer of liquid resin Market in East China is 25800-26200 yuan / ton in barrels, and the offer of solid resin Market in Shandong is 22200 yuan / ton.

region ., Specifications., offer

East China, E51., 25800-26300

Shandong Province, E12., 22000-22300

Material bisphenol A: wait and see at the opening of the new week and wait for the results of the on-site auction. The auction result of Huadong Petrochemical is that the self offered price of superior products fell by 400 yuan / ton, and the on-site wait-and-see atmosphere increased. Then the offer intention of the cargo holder fell. The downstream pays attention to the progress of the auction and market news. The mainstream offer in East China is up to 16000 yuan / ton.

The high level of epichlorohydrin market fell. The reference price of epichlorohydrin in East China market was 18400 yuan / ton, down 400 yuan from the previous week. After the shortage of epichlorohydrin, the downstream manufacturers did not follow up the high price of epichlorohydrin. At present, the price of glycerol is high, and the price has fallen to near the cost line of glycerol based cyclochlorine, so the intention of glycerol based cyclochlorine manufacturers to continue to lower is not high; However, at present, the gross profit of propylene process cyclochlorine is about 8000 yuan / ton. During the week, the propylene process cyclochlorine factory actively offered profits for shipment, further reducing the focus of negotiation in the cyclochlorine market.

The overall negotiation of epoxy resin market is cold, and the downstream demand side has not changed. It is expected that the epoxy resin will continue to be depressed in the short term.