The market of epoxy resin industry chain goes down, and the market situation of bisphenol A and Epichlorohydrin is analyzed
The bisphenol A market has fallen repeatedly, and the entire industry chain has shown no positive results. Terminal support is difficult, and demand is poor. Accompanied by the sharp drop in oil prices, the industry chain is releasing negative news, and the market lacks effective positive support. It is expected that there is still room for a downward trend in the short-term market.
The market price of Epichlorohydrin fell. Recently, the prices of propylene and glycerol as raw materials have declined, the cost support has weakened, and the downstream demand is weak. In addition to the impact of the news of the restart of some devices, the market downturn has spread. The cargo holder has given up profits to ship, and the focus of Epichlorohydrin market negotiation has declined, and the closing price has dropped to 16000 yuan/ton.
The epoxy resin market is clearly following the trend of raw materials, and the downstream bearish mentality remains strong. The purchasing enthusiasm is extremely poor, resulting in pressure on resin factories to ship, with low and ultra-low prices constantly appearing. The situation of price without market is relatively serious, and there are still expectations of further decline in the epoxy resin market in the future.