In March, the epoxy resin market continued to slump and fell, especially in the second half of the year, the decline was accelerated, and the decline was obvious, with a cumulative decline of 5.57 percent .
According to monitoring data, on March 1, the liquid epoxy resin market offer in East China was 27,400 yuan/ton, and on April 1, the market dropped to 25,675 yuan/ton. As of press time, the East China liquid resin market offer was at 24700-25800. Yuan/ton, the solid resin market offer in Shandong is 22300-22700 Yuan/ton.
The raw material, Bisphenol A, fell significantly. In March, the domestic bisphenol A market first fell and then rose, and the overall decline was mainly due to the fermentation of domestic public events, the serious obstruction of logistics and consumption, and the decline of bisphenol A for many times.
At the end of the month, due to the centralized replenishment of downstream PC terminals, and the limited spot resources in the market, the market rose. According to the monitoring data of the business agency, on March 1, the national market quotation was 17,187 yuan / ton, and on March 25, the market quotation fell to The price was 15,825 yuan/ton, and on March 31, the market recovered and was raised to 16,550 yuan/ton. It fell first and then rose during the month, with an overall decline of 3.71 percent .
The raw material, diepoxychloropropane, is stable at a high level. In March, the market price of epichlorohydrin first rose and then fell. In the middle and early days, the price of raw material propylene rose first and then fell, the cost support changed from strong to weak, the price of glycerol was high, the cost support was strong, the market operating rate was relatively low, the manufacturers had no inventory pressure, the intention to sell was not strong, and the price of epichlorohydrin Pushed up, logistics and transportation in some areas were limited, and the market sentiment was light. In the last ten days, the cost support of the propylene method was weakened, and the cost of the glycerol method was supported to a certain extent. The demand side dragged down the market mentality.
The cost support is limited, the current downstream demand is weak, and the logistics is seriously hindered. It is expected to weaken in the short term and adjust the operation, and pay attention to the upstream and downstream products of the industrial chain.