Epoxy Resin Enters The Three Low Cycle, Surprising The Market With Ultra-low Prices

  At present, the low price, low load, and low order volume of epoxy resin reflect the current situation of the epoxy resin industry, and it is difficult to get rid of the "three low symptoms" of domestic epoxy resin entering a vicious cycle.

  Today, bisphenol A (9400-9500 yuan/ton) fluctuated laterally, resulting in insufficient purchasing; Epoxy chloropropane (8500-8600 yuan/ton) has continued to decline, and negotiations are sluggish; Epoxy resin (13600-14600 yuan/ton) is weak in consolidation, with a narrow decline. The entire market is flat, light, light, and lifeless.

  At a time when the LER market is so depressed, Hebei Linyuan Fine Chemical Co., Ltd. has made a big move to exchange price for quantity, and from now on, the price of 128/6101 purified water has been lowered to 13.20/Kg, in order to stabilize its advantageous position in the region.

  According to Mr. Yang of Linyuan Refinery, the resin downgrade this time is mainly aimed at providing support and love to the vast number of users of Linyuan products. In the current market downturn, it allows end customers to dare to purchase, dare to produce, and have no worries, making a modest contribution to driving regional economic development.

  Mr. Yang stated that this move may bring some short-term sales pressure to nearby resin factories and new enterprises about to drive, and will not have a significant impact on the overall situation of the national epoxy market. This is also a helpless move under the current situation, and he hopes to gain understanding from his peers.

  It is understood that in the early stage of Hebei Linyuan Refinery, new technologies were used to tap into potential, and the production capacity was increased to 20000 tons/year. The product quality has reached a new level, directly approaching top tier brands. The variety is mainly composed of a single e51 epoxy resin, e44 epoxy resin, and has been expanded to meet customized varieties in fields such as anti-corrosion/composite/floor paint. Not only are there tank cars, but also large packaging barrels and small packaging barrels to meet customer needs, and customers can also accept their own containers for filling.

  Hebei Linyuan Fine Chemical Co., Ltd. was established in January 2017, funded and constructed by Hebei Jinghong Electronic Technology Co., Ltd. Its parent company,

  Hebei Jinghong, and its subsidiary, Hongda Insulation Materials Factory, specializes in producing various insulation materials such as fr4 fiberglass sheet, bakelite sheet, 3240 epoxy sheet, fr4 tube, and is also a major consumer of epoxy resin.