The domestic epoxy resin market continued to decline, mainly due to the decline of both raw materials and liquid resin market. According to the monitoring data of business agency, the offer of liquid epoxy resin Market in East China on May 30 fell by 800-1000 yuan / ton compared with last week, and the negotiation was at 24800-25300 yuan / ton, down 100 yuan compared with last weekend. The liquid resin Market in East China offers 24800-25300 yuan / ton in barrels, and the solid resin Market in Shandong offers 21500-22200 yuan / ton.

region ., Specifications., offer

East China, E51., 24800-25300

Shandong region, E12., 21500-22000

Raw material bisphenol A: at the end of the month and the beginning of the week, the spot negotiation of bisphenol A was light, and the focus fell again. The offer of East China was 15100-15200 yuan / ton, while the offer of other factories was suspended, and the offer of lihuayi was 15100 yuan / ton. Today, the bidding of Zhejiang Petrochemical fell 200-300 yuan / ton again compared with last week, making the bisphenol a market worse. Today, the market became more bearish and the downward speed of the market accelerated. Since the market continued to decline in late May, the holders have been selling goods at a lower price. Although the raw material phenol ketone rose, it had little impact on the market. The downstream continued to fall and the trading volume was difficult to improve. The short-term market was still dominated by bad news. After a sharp decline, the holders’ intention to sell at a lower price weakened. Recently, they have paid attention to the downstream procurement and factory price adjustment.

The high level of epichlorohydrin market fell back. The reference price of epichlorohydrin in East China market was 18400 yuan / ton, down 400 yuan compared with the previous week. After the periodic replenishment, the downstream demand for high priced epichlorohydrin was not followed up enough, and the delivery of epichlorohydrin manufacturers was not smooth. At present, the price of glycerol is high, and the price has dropped to near the cost line of glycerol based cyclophosphamide, so the intention of glycerol based cyclophosphamide manufacturers to continue to lower is not high; However, at present, the gross profit of propylene based cyclophosphamide is about 8000 yuan / ton. During the week, the propylene based cyclophosphamide plant actively offered to ship goods at a profit, further reducing the focus of discussion in the cyclophosphamide market.

According to the analysts of the business agency, the offer of the epoxy resin factory after adjustment was temporarily stable and market-oriented. At the end of the month, bisphenol A fell significantly, and the environment chlorine was depressed. The overall market negotiation was cold, and the downstream demand side did not change. It is expected that the epoxy resin will continue to be depressed in the short term.