Cost helps epoxy resin market prices rise sharply in August

The domestic epoxy resin market rose sharply in August, mainly due to cost support, especially from bisphenol a market. According to the monitoring data of business society, the offer of liquid epoxy resin Market in East China was 32366 yuan / ton on August 1, 35666 yuan / ton on August 31, and 3300 yuan / ton in August, with an overall increase of 10.2%. At present, the offer of liquid epoxy resin Market in East China is 35500-35700 yuan / ton barrel ex factory price, and the offer of solid resin Market in Huangshan is more than 30000 yuan / ton, The market offer in Shandong is 30000 yuan / ton.

Thiourea

On the one hand, the prices of bisphenol A and epichlorohydrin are high. In August, the bisphenol a market rose first and then consolidated at a high level. According to the monitoring data of the business society, the East China market was quoted at 25240 yuan / ton at the beginning of the month, and the East China market rose to 28040 yuan / ton at the end of the month, which is still far from the expected 30000 yuan. It can be seen from the market trend of bisphenol A in East China that the market tends to be stable after several days of bisphenol a rising in August, Up to now, in the national market, the negotiation range is 28000-28200 yuan / ton, and there are fewer and fewer cargo holders near the end of the month. Under the situation of tight market supply, there are few market transactions, and the downstream just needs to supplement the high price bisphenol A.

In August, the epichlorohydrin market fluctuated and the overall trend rose. According to the bulk list data of business society, as of August 31, the average quotation price of epichlorohydrin enterprises was 14400 yuan / ton, an increase of 7.33% compared with the price at the beginning of the month, and a year-on-year increase of 6.93% in a three-month cycle. At the beginning of the month, the market situation of epichlorohydrin was mainly rising, the demand for inventory and replenishment in the downstream was positive, the factory delivered orders, the spot supply was tight, the manufacturers supported the market, and the focus of market negotiation gradually increased. With the centralized replenishment in the downstream, the pace of market trading slowed down, coupled with the news of the restart of some parking devices, the wait-and-see mentality in the downstream dominated, and the transaction atmosphere was weak, The focus of market negotiation decreased. In the second half of the month, the price of raw glycerol was high, and the market stopped falling and rebounded due to the news of accidental shutdown of large factories in the region. In the latter half of the year, the price of glycerol goods was tight, the cost support was strong, the manufacturers mainly delivered orders, the spot supply was tight, and the downstream just needed to purchase, which pushed up the market.

At present, the downstream is relatively exclusive of high price goods, mainly consuming early orders, and there is an obvious shortage of new orders and insufficient actual orders.

From the perspective of business society, the cost is strongly supported. Under the continuous shortage of bisphenol a supply, it may continue to operate at a high level in the short term, epichlorohydrin is steadily promoted, and epoxy resin operates at a high level in the short term under the cost support; The business agency expects that the epoxy resin market will be sorted and operated in a short period, and the offer of liquid epoxy resin in East China is 35500 yuan / ton barrel ex factory price.

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