Double Raw Materials Stop Falling And Stabilize, And The Market Turning Point May Appear At Any Time

  After a precipitous decline in the previous two weeks, the price of epichlorohydrin has fallen to a low level. The glycerine based epichlorohydrin has suffered serious losses, and many large factories have announced shutdown, resulting in a significant reduction in market supply. Due to the sharp decline in prices in the early stage, the market trading volume fell sharply. At the beginning of this week, the intention of downstream bargain hunting and replenishment increased, so the price of epichlorohydrin stopped falling and stabilized. In the morning of July 12, the mainstream price of epichlorohydrin in East China was about 11700 yuan / ton.

  The bisphenol a market also showed signs of slight recovery. On Monday, Zhejiang Petrochemical bisphenol A auctioned for several rounds, and the auction price rose, which had a certain boost to the market. Traders' offers began to rise. On the morning of July 12, the mainstream price of bisphenol A in East China was about 11700 yuan / ton, basically unchanged from last week.

  Huangshan solid epoxy resin market has basically remained stable, and the price has not changed since last week. The latest reference price is 16500-17000 yuan / ton; The price of liquid epoxy resin in East China fell by about 500 yuan / ton on Monday. With the stop of the decline of dual raw materials, the liquid epoxy resin market has stabilized synchronously since today, and the latest reference price is about 18000 yuan / ton. The market trend is not clear, and the mainstream factories are cautious, and most of them do not take the initiative to offer:

Kunshan Nanya 248000 T / a plant is partially shut down, and the epoxy resin E-51 will not be quoted for the time being. It will be discussed separately;

  Changchun Chemical has about 50% of the 100000 t / a unit load, and the epoxy resin E-51 will not be quoted temporarily;

 Yangnong Jinhu 170000 T / a unit operates with reduced load, and the epoxy resin E-51 is not quoted temporarily;

  Nantong Xingchen 160000 T / a unit operates with reduced load, and the epoxy resin E-51 is not quoted temporarily;

  Jiangsu Sanmu 200000 t / a unit load is about 40%, and the epoxy resin E-51 will not be quoted for the time being. Let's talk about it in a single way;

  Hongchang Electronics' 155000 T / a device operates normally, and the epoxy resin E-51 is delivered in barrels with a new single quotation of 19000 yuan / T;

  Baling Petrochemical's 140000 ton unit is in normal operation, and the epoxy resin E-51 will not be quoted temporarily.

  In general, the current epoxy resin industry chain is only in the state of stopping the decline, and the upstream and downstream are still in the game. When most downstream and traders believe that the market bottoms out, the market trading volume is bound to increase, thereby driving the industrial chain up. At present, the trend of raw material market is not clear, and we still need to pay close attention to the market trend.

  As we know, epoxy resin is the main raw material of FR4 sheet and 3240 Epoxy Resin Sheet, so we need to pay much attention on every news about epoxy resin.