In February, the epoxy resin market showed a trend of first rising and then falling, and the double raw materials after the middle of the month showed a downward trend. The decline was obvious. The epoxy resin market was greatly affected by raw materials, and also showed a trend of rising and falling sharply in February. Near the end of the month, the market performance was low, and the on-site negotiations were cold. According to the monitoring data of the business society, the market offer of liquid epoxy resin in East China was 27200 yuan / ton on February 7, rose to 29200 yuan / ton on February 15, and the market offer at the end of the month was 27200-27500 yuan / ton. The decline was difficult to stop in March, and the market fell to 26000-27000 yuan / ton as of the press release.

One week after the commencement of the festival, the epoxy resin market negotiation was cold, mainly due to the decline of dual raw materials, the continuous decline of East China auction, the starting price of the on-site auction on the 21st fell to 16000 yuan / ton, and the market continued to fall to 17200 yuan / ton. The upstream and downstream of the short-term industrial chain were mainly bad, but the supply side was tight, and it is expected to operate stably in the short term.

In February, epichlorohydrin market rose first and then fell. After the festival, the price of raw material propylene rose, the glycerol market operated strongly, the cost support increased, the manufacturers had no pressure, the downstream terminals resumed work one after another, the enthusiasm for inquiry and procurement increased, the market mentality improved, and the market price of epichlorohydrin increased. As the downstream just needs replenishment after the festival, the enthusiasm of market inquiry and procurement is weakened, the consumption is about long and the inventory is dominated, the mentality of cargo holders is under pressure, the price of epichlorohydrin is lower, the downstream demand is not followed up in the latter ten days, the market trading atmosphere is light, and the market is weak.

In terms of equipment, the overall operating rate of liquid resin is about 75%; The operating rate of solid resin is about 40%. Nantong Xingchen 150000 T / a unit was shut down for maintenance, and the operating rate of the industry declined.

From the perspective of business society, dual raw materials are down, and it is difficult to stop the downward trend under the downturn of demand. It is expected to weaken in the short term, adjust the operation, and pay attention to the upstream and downstream products of the industrial chain.