SunSirs: Short positions are prevalent, and the decline in the domestic epoxy resin market is difficult to stop
March 22 2022 13:20:57East China liquid epoxy resin 2600-26000 tons,falling.
On March 21, the reference price of liquid epoxy resin in East China was 26000 yuan / ton, down 300 yuan from last weekend; The reference price of solid epoxy resin was 23000 yuan / ton, down 400 yuan from the previous week.
Last week's sharp drop in crude oil and the obstruction of logistics in many places affected by the epidemic in China have seriously affected the market mentality. It is difficult for dual raw materials to have favorable support. First, the bisphenol a market has weakened. Up to now, the market offer is 16300 yuan / ton, but the cyclophosphate is running firmly under the favorable support of the high raw material glycerol and the low operating rate of enterprises. However, this week, it is strong and stable and lacks sustained action. The two raw materials rose and fell, and the overall cost of epoxy resin fluctuated little.
At present, the contradiction between supply and demand of epoxy resin market is obvious, and the logistics is limited. Some factories reduce the production load; Traders have a strong willingness to ship at low prices, the focus of market negotiation fluctuates downward, and individual orders are mainly negotiated prices.
| Area | Specification | Price RMB/ton |
| Eastern China | E51 | 26000-26600 |
| Shandong area | E12 | 23000-23400 |
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