Epoxy market prices have fallen below the 20,000 mark!
Last week, the market price of epichlorohydrin increased slightly. As of last Friday, the mainstream market negotiated the price reference at 10200-10400 yuan / ton (accepted for delivery). The downstream resin companies operate at low load and consume mainly the raw materials in the inventory. Enquiries are not high. It is understood that Hebei Zhuotai's 30,000-ton / year glycerol plant is still in the shutdown state, and the restart time will be notified separately. Hebei Jiao ’s 60,000-ton / year glycerol plant is scheduled to launch on February 19, but due to poor logistics and poor overall market conditions, the restart time of the unit has been postponed, and the restart time will be notified separately.
The epoxy resin market price fell last week. As of last Friday, the negotiated price of East China liquid resin was 19500-20000 yuan / ton (accepted for delivery), and the negotiated price of Huangshan District solid epoxy resin was 15200-15400 yuan / ton (accepted Delivery), the price of raw material bisphenol A fell, and the price of cyclochlorin rebounded slightly. In terms of equipment, the current liquid and solid resin factory equipment has resumed normal production. However, due to the epidemic situation, downstream work resumed slowly and demand weakened. Under pressure from manufacturers' shipments, they have lowered their factory prices and negotiated prices.