Price trend
The liquid epoxy resin in East China was stable as a whole, and the mainstream negotiation price remained stable at 15,200-15,700 RMB/ton in barrels, and there was no fluctuation in the week; Huangshan solid epoxy resin market had been adjusted, with the negotiated price of 14,000-14,500 RMB/ton. The factory quotation in the region was stable, and the logistics outage was mostly in the holiday state; Shandong solid epoxy resin market was quiet, and the market guidance price this week was 13,800-14,400 RMB/ton.
Analysis review
The volatility of epoxy resin market was limited. As the Spring Festival approaching, the logistics was suspended, and traders followed the market to offer. There were still small orders to follow up this week, but the overall trading atmosphere was light.
The price of bisphenol A at the raw material end rose slightly to 9,750-9,850 RMB/ton before the festival, but it was difficult to support the downstream because there was no real order negotiation.
Market outlook
It is difficult for the market of epoxy resin to fluctuate before the festival, more wait for the price market to become clear.
As of January 17, the negotiated price range of mainstream regions:
|
Area |
Specifications |
Quotation (RMB/ton) |
|
East China |
E51 |
15,200-15,700 |
|
Shandong |
E12 |
13,800-14,400 |
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com