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    Home > Coatings News > Resin News > Epoxy Resin Weekly Review: Losing Domineering

    Epoxy Resin Weekly Review: Losing Domineering

    • Last Update: 2021-04-24
    • Source: Internet
    • Author: User
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    [China Epoxy Network (China Epoxy Industry Online) www.
    epoxy-e.
    cn] May 17, 2010 News: The second week of May 2010 (May 10 ~ May 14), the domestic ring The cost of the oxygen resin market is weakening, and the wait-and-see is the main thing.
    During the week, the market's raw materials declined slightly, which made them stable and wait-and-see.
    Epoxy resin and the two major raw materials have risen for several weeks, have reached a higher price, and have been transferred to consolidation.
    Recently, oil prices have fluctuated sharply, the stock market has plummeted, and the raw materials of epichlorohydrin and bisphenol A have been adjusted downwards to varying degrees (especially propylene and liquid chlorine), and the external market has also lost its upward momentum and has stalemately consolidated.
    Affected by cost and demand, the downward pressure on the two has increased significantly.
    (Slightly, see the full version for details).
    According to market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the mainstream quotations of liquid resins on weekends are: 25,000~26,000 yuan/ton in East China, 25200~26200 yuan/ton in North China, and 25200~26200 yuan/ton in South China.
    Tons; mainstream quotations for solid resins: two-step products in East China are priced at 24,000-25,000 yuan/ton, and one-step products in Huangshan are priced at 21,500-22,000 yuan/ton.

     

    1.
    Domestic market
    1.
    East China market The


    epoxy resin market in East China has weakened costs and reduced support, and the market is temporarily stable and bearish.


     

    2.
    Huangshan Market The


    raw materials of the epoxy resin market in Huangshan area have slowed down, the cost has dropped, and the price has temporarily stabilized, and the price has been adjusted within a narrow range.



    3.
    In the North


    China market, the raw materials of the epoxy resin market in the North China region have begun to decline, the atmosphere has faded, demand remains, and prices are deadlocked.



    4.
    South


    China market The cost of epoxy resin market in South China began to weaken, the atmosphere fell, prices remained unchanged, and raw materials were not supported.



    2.
    Manufacturers


        In the second week of May 2010 (May 10 to May 14), domestic epoxy resin manufacturers' quotations are temporarily stable.



        Manufacturer name Product model Ex-factory quotation (yuan/ton)
        Ups and downs Kunshan, South Asia NPEL-128/E-51/618 (omitted, see full version for details) —
                                                                      901 (omitted, see full version for details) —
        Dalian Qihua DYD-127/ E-44/6101 (omitted, see full version for details) —
                                                           DYD-128/E-51/618 (omitted, see full version for details) —
                                                                      E-20/601 (omitted, see full version for details) —
        Guangzhou Hongchang E-44/6101, E51/618 (omitted, see full version for details) —
                                                                     E-20/601 (omitted, see full version for details) —
                                                                     E-12/604 (omitted, see full version for details) —
        Wuxi resin E-44/6101 (omitted, see full version for details) —
                                                                     E-51/618 (omitted, see full version for details) —
                                                                     0194/0191 (omitted, see full version for details) —
        Guodu Chemical E-51/618 (omitted, see full version for details) —
                                                                     E-20/601 (omitted, see full version for details) —
        Baling Petrochemical CYD-128/E-51/618 (omitted, see full version for details) —
                                                            CYD-144/E-44/6101 (omitted, see full version for details) —
                                                                        E-12/604 (omitted, see full version for details) —
                                                                        E-20/601 (omitted, see full version for details) —
        Yangnong Chemical YNI-828/E-51 (omitted, see the full version for details) —
                                                                    YNI-826/E-44 (omitted, see the full version for details) —
        Jiangsu Sanmu E-44/6101, E-51/618 (omitted , see the full version) , See the full version for details) —
                                                              E-12/604, E-20/601 (omitted, see the full version for details) —
        Wuxi Bluestar Epoxy 850S/E51/618 (omitted, see the full version for details) —
                                                                    860L/E44/ 6101 (slightly, see the full version for details) —
                                                                           1#~9# (omitted, see full version for details) —
        Langfang Nuoerxin YNI-828/E51/618 (omitted, see full version for details) —
                                                                      YNI-860/E44/6101 (omitted, see full version for details) —
                                                                            E -12/604 (slightly, see the full version for details)
        —Huangshan Runfa E-12/604 (slightly, see the full version for details) —
                                                                            E-20/601 (slightly, see the full version for details) —
        Anhui Hengyuan E-12/604 (omitted, see the full version for details) —
                                                                            E-20/601 (omitted, see the full version for details) —

     

        3.
    Upstream raw materials


        1.


     

        4.
    Market outlook analysis The
        domestic epoxy resin has risen continuously for a long time, and finally calmed down.
    The raw material market sentiment became weaker, and the epoxy resin market, which has been in a narrow range, with rising atmosphere and rising prices, was finally able to breathe.
    Manufacturers' quotations stopped rising, and they turned to a steady wait-and-see, and the implementation of pre-orders was the main focus.
    The downstream electronic and electrical industry demand continues to be strong, some other industries have sufficient inventory, leaving the market to wait and see, the market buying momentum has fallen slightly, and there are not many new orders.
    This atmosphere is expected to be strengthened.
    Relatively speaking, solid resins are weaker.
    For example, the market atmosphere in Huangshan area is general.
    The average start-up of manufacturers maintains around 80%.
    However, more downstream sources enter the market to purchase on-demand, and the market outlook may be under greater pressure.
    Another important point in the follow-up is still-raw materials: both the raw materials of epichlorohydrin have fallen, and the news that manufacturers plan to overhaul one after another, market participants have no conclusion about the market outlook; the market mentality of bisphenol A is also obviously frustrated, and trading companies are speeding up shipments.
    Speed, downstream consumption of inventory, wait-and-see mainly, lack of negotiation atmosphere, and slightly weaker prices.
    (Slightly, see the full version for details).
    International market (slightly, see the full version for details).
    According to market experts from the China Epoxy Industry Association (www.
    epoxy-e.
    cn), the quotations of various factories are currently uneven, with some high and low prices.
    On the whole, there is room for fluctuations in transactions, and the recent trend is mainly due to weakening consolidation.


     

        5.
    Related charts
        1.
    Domestic liquid epoxy resin market trend chart (May 15, 2009 ~ May 14, 2010)
        (omitted, see the full version for details).

        2.
    Trend chart of liquid epoxy resin market in East China (April 15, 2010-May 14, 2010)
        (Omitted, see the full version for details).

        3.
    Domestic solid epoxy resin market trend chart (May 15, 2009 ~ May 14, 2010)
        (omitted, see the full version for details).

        4.
    The trend chart of the solid epoxy resin market in Huangshan area (April 15, 2010-May 14, 2010)
        (omitted, see the full version for details).

        5.
    Domestic epoxy resin, bisphenol A, and epichlorohydrin market trends (May 15, 2009 ~ May 14, 2010)
        (omitted, see the full version for details).

     

    (Our reporter Xue Shi)

     

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