SunSirs: The Domestic Epoxy Resin Market Was Light
February 09 2023 10:00:19 SunSirs (John)
Price trend
The domestic epoxy resin market rebounded after rising, and the early rise was mainly driven by the cost side. As of the 8th, the negotiated price in the East China market was 15800-16400 RMB/ton, and the overall market fell in a narrow range. The trading situation was not optimistic.
Analysis review
The liquid resin market in East China was affected by the downward trend of dual raw materials, and the cost was difficult to support. The downstream procurement was cold and only followed up by rigid customers. The negotiated price in the market was 16,000 RMB/ton, and it was delivered in barrels. There were few real orders. The solid epoxy resin market in Huangshan was weak, with the mainstream negotiation price of 14,400-14,800 RMB/ton, which fell in a narrow range in the week. The real order on the market was limited, and the market may continue to decline in a short term.
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