The domestic epoxy resin market continues to be depressed (3.11-18)

This week, the epoxy resin market mainly went down, the demand was low, and the raw materials continued to go down. The cost side was bad and the demand was poor. During the week, the epoxy resin market mainly went down. According to the monitoring data of business society, the liquid epoxy resin Market in East China opened on March 7 and fell to 26000 yuan / ton on March 18.

 

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The demand side continued to be depressed, and the upstream raw materials fell significantly in the week. Under the pressure of the mentality of the cargo holders, the goods were delivered with profits. In addition, the domestic epidemic worsened in the week, and the logistics and transportation in various places were seriously blocked. The negotiation between the buyer and the seller was cold, the market confidence was insufficient, and the epoxy resin market was difficult to have good support. It kept falling. As of the 18th, the negotiated price in the solid epoxy resin Market in Shandong was 23000-23500 yuan / ton, The liquid epoxy resin Market in East China negotiated to leave the factory in barrels of 26000-27000 yuan / ton.

 

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The domestic bisphenol a market continued to decline this week. First, the logistics was seriously blocked under the influence of the epidemic, and the confidence in buying and selling bisphenol was insufficient. Second, the sharp decline of crude oil during the week increased the negative factors of crude oil pure benzene phenol / acetone, which made it difficult to support the cost side. In addition, the demand of downstream epoxy resin and PC end industries continued to be insufficient, and the procurement was limited. According to the monitoring data of business agency, the average offer in East China was 17100 yuan / ton on March 11 and 16400 yuan / ton on March 18, down 4.09% during the week.

 

The domestic epoxy resin market atmosphere is depressed, the upstream raw material bisphenol A continues to weaken, the epichlorohydrin finishing operation, the resin cost is reduced by a narrow range, and the fluctuation is limited. However, the demand side continues to be sluggish, the follow-up is insufficient, and the logistics is blocked. The business community expects that the domestic resin market is dominated by weak shocks, so it still needs to pay attention to the downstream demand and epidemic control.

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