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China Paint Online News Information
This week the domestic epoxy resin industry chain of three products are showing varying degrees of rise, epoxy resin in the raw material BPA strong driving, the offer rose more than 1000 yuan / ton, another raw material epoxy chloropropane also can not resist the desire to increase, in the main factory after the upward adjustment, the pull-up mode then opened. So, the epoxy resin industry chain can end?
First look at BPA, the current domestic plant start-up load is not low, Sinopec Mitsui, South Asia Plastics (Ningbo) and other factories have maintained normal production, Sinopec Mitsubishi, Nantong Star, Changchun chemical start-up load is also about 8-9 percent, the monthly supply remains above 80,000 tons. Only the early release of the short-term sentiment of the early industry, the operation is relatively conservative, so that the import side of the contraction, a time caused by the tight flow of goods. Producers also took advantage of the upstream raw materials to increase for BPA to create more favorable conditions, so that the rally in full swing, and finally broke through the 11,000 yuan / ton mark, the highest since 2015.
Then look at epoxy chloropropane, the previous pull-up and this period of downturn has an inextricable relationship, according to past experience, ethylene chloropropane every pull-up as long as the magnitude is too large, will inevitably cause downstream antipathy, making high prices famous. And domestic factory inventory constantly backlog, can only let the price promotion, the price once again back to the trough. And this time, due to the shortage of raw materials glycery supply, coupled with propylene continued to rise, factory cost pressure has long had the will to market, coupled with Haili Dafeng, Shandong Hebang, Ningbo ocean ring device parking, other factories operating load is low, the supply surface slightly tight, in the main factory offer upward, a new round of upward trend began.
early, in the face of a strong and weak dual raw materials, epoxy resin factory struggling to follow up, some of the offer has been higher than 2000 yuan / ton, and at this time epoxy chloropropane swept the early haze, high price frequency, part of the resin factory overburdened to stop Offer, the operators are entangled, on the one hand, worry about cost pressure has been overstated, on the other hand, the factory's existing orders are mostly pre-low-cost orders, accounting down the cost is high, after the new single quote is raised, there is no ability to take orders, can only actively close the pre-contract, suffering.
after the market, raw material BPA since the price "break 10,000", broke through the psychological price of the industry, its turnover is also shrinking, showing a high price contraction state. And ethylene chloropropane has just increased the price of the seed factory will take advantage of the trend to pull up, but the downstream has been weak, and there are still low-cost inventory, its future market expectations are not optimistic. Epoxy resin at the end of the financial pressure of the sensitive period, the higher the risk, in the struggle to move upward at the same time also need to be careful, in order to the end of the perfect end of the official.
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