Yesterday, the domestic epoxy resin market continued to be weak, with BPA and ECH prices slightly rising, and some resin suppliers raised their prices driven by costs. However, due to insufficient demand from downstream terminals and limited actual trading activities, inventory pressure from various manufacturers has had an impact on market sentiment, and industry insiders hold pessimistic expectations for the future market. As of the closing date, the mainstream negotiated price for East China liquid epoxy resin is 13600-14100 yuan/ton of purified water leaving the factory; The mainstream negotiated price of Mount Huangshan solid epoxy resin is 13600-13800 yuan/ton, which is delivered in cash.

 1、Bisphenol A: Yesterday, the domestic bisphenol A market was generally stable with slight fluctuations. Despite the final decline in raw material phenol acetone, bisphenol A manufacturers are facing serious losses and still facing significant cost pressure. The offer is firm at around 10200-10300 yuan/ton, and the intention to lower the price is not high. However, downstream demand follows slowly, and the market trading atmosphere is relatively light, resulting in insufficient actual trading volume. As of the close, the mainstream negotiation price in East China has remained stable at around 10100 yuan/ton, with sporadic small order prices slightly higher.

 2、Epoxy chloropropane: Yesterday, the price center of domestic ECH increased. The supply pressure is not strong enough to support the mentality of the industry, and the market has a high upward atmosphere. The prices of some factories in Shandong have been pushed up to 8300 yuan/ton for acceptance and delivery, with the majority of non resin customers trading. The overall atmosphere of Jiangsu and Mount Huangshan markets is relatively quiet. Despite the high prices offered by manufacturers, downstream inquiries into the market are scarce, with only a small order required for procurement, resulting in insufficient actual trading volume. As of the closing, the mainstream negotiation in Mount Huangshan market in Jiangsu Province was 8300-8400 yuan/ton, and the mainstream negotiation in Shandong market was 8200-8300 yuan/ton.

Future market forecast:

Currently, dual raw material manufacturers have a strong desire to increase prices, but they are cautious in taking action under market pressure. The downstream purchase of epoxy resin in the market is cautious, and it is in the stage of digestion and storage. Inquiries for entering the market are rare, and the actual trading volume is insufficient. In the short term, it is expected that the epoxy resin market will be mainly weak and volatile. Therefore, it is recommended that businesses closely monitor the trend of the raw material market.